Gold prices held steady on Thursday as the prospect of a quick end to the war in West Asia thinned and trade tensions resurfaced.
Spot gold edged up by 0.2 percent to $5,185.52 an ounce while U.S. gold futures were up 0.2 percent at $5,190.10.
Bullion is attracting some dip-buyers following reports of an Iranian blockade impacting global energy shipments.
As the U.S. campaign of airstrikes in Iran entered its 13th day, there were no signs the conflict was subsiding.
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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.