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Gold steady as US Federal Reserve remarks counter safe-haven demand
Gold prices steadied on Thursday as a pushback from US Federal Reserve officials on market hopes for early interest rate cuts offset safe-haven demand after Israel rejected a ceasefire offer from Hamas amid continuous talks to end the Gaza conflict. Spot gold held its ground at $2,033.56 per ounce, as of 0427 GMT. US gold futures edged 0.1% lower to $2,049.00 per ounce.
Gold prices steadied on Thursday as a pushback from US Federal Reserve officials on market hopes for early interest rate cuts offset safe-haven demand after Israel rejected a ceasefire offer from Hamas amid continuous talks to end the Gaza conflict. Spot gold held its ground at $2,033.56 per ounce, as of 0427 GMT. US gold futures edged 0.1% lower to $2,049.00 per ounce. 
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