Gold prices steady -----

Gold prices held steady on Wednesday following a 2 per cent decline in the previous session, while investors focused on US President Donald Trump's tariff plans, which have raised concerns about a trade war, reports Reuters.

Spot gold was little changed at $2,912.69 an ounce, by 1120 GMT, after hitting a more than one-week low on Tuesday. Trump's trade policies, seen as inflationary and with potential to spark tiffs with trade partners, saw safe-haven gold hitting a record high of $2,956.15 on Monday.

US gold futures rose 0.3 per cent to $2,926.70.

Meanwhile, spot silver gained 0.1 per cent to $31.77, platinum rose 0.9 per cent to $974.86 and palladium added 1.6 per cent to $942.29.