Gold prices edged lower on Wednesday, as fears of an escalation in the Middle East conflict eased, while investors waited for crucial U.S. economic data that could shed more light on the timing of interest rate cuts.
FUNDAMENTALS
* Spot gold was down 0.1% at $2,320.19 per ounce, as of 0115 GMT, having hit its lowest since April 5 in the previous session. Bullion’s March to April rally drove it up by nearly $400 to an all-time high of…
