FOX LIVE NEWS UPDATE

PRECIOUS-Gold steady as dollar eases after U.S.-EU trade talks

July 26 (Reuters) – Gold prices held steady on Thursday as the dollar eased after U.S. President Donald Trump and European Commission President Jean-Claude Juncker agreed to work towards eliminating trade barriers, easing immediate concerns about global trade tensions.

Spot gold XAU= was little changed at $1,231.12 an ounce, as of 0412 GMT. Earlier in the session, the yellow metal hit $1,235.16, its highest in more than a week.

U.S. gold futures GCcv1 for August delivery were 0.03 percent lower at $1,231.40 an ounce.

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