Gold prices rose on Wednesday as uncertainty surrounding the final terms of a potential U.S.–China trade agreement drove investors toward safe-haven assets. Markets are also closely watching upcoming U.S. inflation data for clues on future economic trends.
In latest trading, spot gold increased by 0.46% to $3,338.04 per ounce, while U.S. gold futures rose 0.44% to $3,358.20.
Meanwhile, oil prices remained stable as markets awaited further signals on the global trade outlook.