Gold Inches Up As Italy Crisis Drives Safe-Haven Buying

Gold prices edged up on Wednesday as political turmoil in Italy and concerns over Sino-U.S. trade conflict spurred safe-haven demand, though a strong dollar limited gains for the metal.

Spot gold was 0.1 percent higher at $1,298.86 per ounce by 0349 GMT.

U.S. gold futures for June delivery were nearly unchanged at $1,298.80 per ounce.

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Suhani Verma

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