Gold prices rose on Wednesday as uncertainty surrounding the finalization of a US-China trade deal weighed on sentiment and prompted some safe-haven buying, with investors awaiting key US inflation data for further market direction.
Spot gold was up 0.5% at $3,337.99 an ounce, as of 0544 GMT. US gold futures were up 0.5% at $3,359.20.
US and Chinese officials said on Tuesday they had agreed on a framework to get their trade truce back on track and remove restrictions on China's rare earth exports, after two days of negotiations in London, with both sides planning to seek approval from their respective presidents.
Source: Newsmaker.id
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