• Gold prices inched up on Thursday on buying after the bullion hit a one-week low and posted its biggest one-day percentage fall in nearly months in the previous session.9
Spot gold was up 0.2 percent at $1,327.72 per ounce at 0419 GMT, after hitting a one-week low of $1,323.20 in the previous session. Prices dropped 1.5 percent on Wednesday to mark their biggest one-day percentage decline since July 3, 2017.
U.S. gold futures for April delivery climbed 0.2 percent to $1,326.80 per ounce.
• "Gold is still being seen as a safe-haven asset at the moment and we are seeing goodphysical buying, so that is supporting gold," said Brian Lan, managing director at dealerGoldSilver Central in Singapore.
Concerns about the global trade war have eased "but it doesn't mean it is over," Lan added.
• U.S. President Donald Trump's tariffs on Chinese goods maynot be imposed until early June, administration officials saidon Wednesday, with public consultations and potential tariffrevisions buying time for negotiations to forestall them.
• In other precious metals, spot silver gained percent to per ounce.0.4$16.32
Platinum rose 0.7 percent to $938 per ounce, after hitting a near three-month low of $929.50 per ounce in the previous session.
Palladium climbed for the first time in six sessions, up 0.4 percent to $969.40 an ounce. Prices dropped to a near three-week low of $961.65 on Wednesday.
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