In Asian trading on Thursday, gold prices showed little movement, following steep losses earlier in the week. Market participants are awaiting further cues on the US economy and monetary policy. Meanwhile, copper prices have bounced back from a five-month low, reflecting improved sentiment in the market.
Spot gold XAU/USD was flat at $1.982.18 an ounce, while gold futures steadied at $1,985.15 an ounce by 04:17 GMT+8. Both instruments were trading down 1.4% and 1.8%, respectively, for the week.
#KVBPRIMEGlobal# #XAU/USD# #gold# #Commodities#
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