BENGALURU: Gold prices on Wednesday held onto the previous session's gains, as sagging hopes for progress in U.S.-China trade negotiations sapped risk appetite, with markets watching closely for clues on monetary easing by the U.S. Federal Reserve.
Spot gold rose 0.1% to $1,506.06 per ounce by 0526 GMT, but stood its ground above $1,500 after jumping as much as 1% in the previous session. U.S. gold futures gained 0.5% to $1,511.60 per ounce.
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