Bengaluru — Gold firmed slightly on Wednesday as investors held onto the safe-haven metal while seeking more clarity on China-US trade talks, and as volatility in the dollar provided further support. Spot gold was up 0.2% at $1,312.82/oz as of 4.19am GMT, while US gold futures gained 0.2% to $1,316.2/oz. US President Donald Trump said on Tuesday that he could see letting the March 1 deadline for reaching a trade agreement with Beijing slide a little if the two sides were close to hammering out a deal to end their long-drawn trade tussle. US tariffs on $200bn worth of imports from China are scheduled to rise to 25% from 10% if the two sides cannot reach a deal by the deadline, increasing pain and costs in sectors from consumer electronics to agriculture. “There is very little detail behind some of those [Trump’s] comments.… There has been nothing really strong enough to drive any strong conviction [for investors],” said ANZ analyst Daniel Hynes. However, improved risk appetite limite...
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