Gold prices rose slightly on Thursday, as investors took advantage of lower prices after the yellow metal hit a one-month low in the previous session, while market participants awaited US Producer Price Index data for a clearer view of the economic outlook.
Spot gold rose 0.2 percent to $3,183.20 per ounce. US gold futures fell 0.1 percent to $3,185.60. In the previous session, spot gold fell to its lowest level since April 10 after Washington and Beijing agreed to significantly reduce tariffs and institute a 90-day temporary suspension, easing a potentially damaging trade war between the world's two largest economies.
Source (Asharq Al-Awsat, edited)
