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Was steady in early Asian trade. Selling pressure on the yellow metal has eased, but buying interest remains insufficient to establish a new direction, XS.com said.

Analysts noted that the lack of clear directional momentum suggests gold is likely to consolidate in the near term. The metal's stability comes as market participants weigh mixed signals from global economic data and central bank policies.

With selling pressure diminishing but buying interest still tepid, gold appears range-bound. Traders are expected to maintain a cautious stance, awaiting fresh catalysts that could break the current stalemate.

The consolidation phase may persist until there is a clearer signal from inflation trends, interest rate outlook, or geopolitical developments that could sway investor sentiment toward the precious metal.

المصدر: Wall Street Journal Markets · لخّصه HeadlinesBriefing