Gold is steady in the early Asian trade, hovering around the $2,890/oz level after a recent rally.
Investors are digesting the latest U.S. manufacturing data, which showed a slowing pace of expansion, and weighing the economic outlook as Trump's tariffs against key trading partners are due to kick in today, the ANZ Research team writes in a note.
"Market participants have little risk-on appetite" given the ongoing geopolitical tensions, analysts at Sucden Financial write in a note.
Spot gold is flat at $2,890.68/oz.
Source : Dow Jones Newswires
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