Gold bar bullions ingot, selective focus, crisis safe haven for investment or reserve for country economics.
Gold prices were flat on Wednesday, as a firmer dollar partially offset safe-heaven demand amid heightened Middle East tensions, while investors awaited U.S. data for further economic cues.
Spot gold held its ground at $2,659.79 per ounce, as of 0325 GMT, after rising more than 1% in the previous session.
"Gold benefited from safe-haven demand during a risk-off session on Tuesday.
Meanwhile, physical demand for gold in key markets has dropped due to high prices, with some retail consumers selling their holdings to lock in profits, industry players and analysts said.
Persons:
Benjamin Netanyahu, Bullion, Matt Simpson, payrolls, Simpson
Organizations:
Israel, Index, Federal Reserve, NFP, Traders
Locations:
Iran, Tehran