Gold rises on hopes of Fed pause; trade talks in focus
Updated : February 14, 2019 07:12 AM IST
Spot gold was up 0.2 percent at $1,308.20 per ounce, as of 0105 GMT. US gold futures were down 0.3 percent at $1,311.
Several Federal Reserve officials have indicated that they will support a pause in interest rate hikes from the US central bank to assess its impact on the economy.
US Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to hammer out an agreement.
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