Gold was steady near $1,340 an ounce on Tuesday as fears of an economic slowdown in China and Ukraine’s geopolitical crisis keep investors seeking safe-haven bullion.
In a sign of investor confidence in the precious metal amid global uncertainties, the world’s biggest bullion-backed exchange-traded fund saw its largest inflow in a month on Monday.
Spot gold had inched up 0.07 percent to $1,339.45 an ounce by 0024 GMT.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.