Gold prices were mostly unchanged on Wednesday, as worries over the global economic outlook from rising COVID-19 cases offset an uptick in risk sentiment driven by signs of progress in U.S.-China trade negotiations.
Spot gold was flat at $1,927.26 per ounce by 0037 GMT.
U.S. gold futures rose 0.5% to $1,933.60.
The dollar index held steady against a basket of major currencies.
SPDR Gold Trust , the world’s largest gold-backed exchange-traded fund, said its holdings fell 0.3% to 1,248.87 tonnes on Tuesday from 1,252.38 tonnes on Monday.
Silver was steady at $26.43 per ounce, platinum rose 0.1% to $928.12, and palladium fell 0.6% to $2,151.50.
Ukraine struck Russia’s oil infrastructure in the Black Sea port city of Tuapse for the third time in a month, local authorities said Tuesday.
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The city, which declared an environmenta...
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