Gold prices edged higher in early Asian trade amid mixed market cues. Spot gold rose 0.3% to $2,650 per ounce. Futures followed with a modest gain.
The rally came as investors weighed economic data against safe-haven demand. Mixed signals from equities and currency markets limited the upside. Traders remained alert to upcoming Federal Reserve commentary.
Spot gold gained for a second consecutive session. The metal hovered near recent highs. Technical indicators showed neutral momentum.
Market focus shifted to inflation readings for fresh direction.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing