Gold is trading flat on a particularly calm market session, with investors assessing comments from a two-day summit between US President Donald Trump and his Chinese counterpart, Xi Jinping, in Beijing. Safe-haven flows triggered by the uncertainty about the ceasefire in Iran and higher US Treasury yields, following hot US inflation figures earlier in the week, are providing support to the Greenback and capping XAU/USD’s upside ahead of next batch of US data.
Source: https://www.fxstreet.com/news/ireland-consumer-price-index-yoy-increased-to-37-in-april-from-previous-36-202605141000
