Gold stays steady as U S China summit looms and Middle East tensions steer markets

India just raised import tariffs on gold and silver

Gold held steady in early Asian trade as investors waited for a key U.S.-China summit in Beijing and tracked Middle East developments. Market focus also included comments by President Donald Trump on the Iran war, a dip in oil prices, and rising U.S. consumer inflation. In India, import tariffs on gold and silver were increased.