Gold prices were slightly higher in range-bound trade on Wednesday as investors looked ahead to a slew of central bank meetings next week for clues on the pace of rate hikes.
Mounting concerns of a global recession and weak trade data from China weighed on riskier assets, helping offer some support for bullion.
Spot gold edged up 0.1 percent to $1,773.53 per ounce, while U.S. gold futures were up 0.2 percent at $1,785.45.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.