Gold prices held steady in Asian trading on Thursday after surging more than 1% in the previous session, as a slight decline in the US dollar and uncertainty surrounding the prolonged US government shutdown helped support sentiment.
Spot gold rose 0.2% to $3,988.79 per ounce by 8:37 AM Saudi time, while US gold futures gained 0.1% to $3,995.70.
The precious metal jumped 1.3% in the previous session as a risk-averse global mood gripped markets amid growing concerns about a stock market bubble.
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