Singapore, 1 May 2026 – Gold steadied in Asian trading after advancing in the previous session, as Japan’s move to support the yen weakened the US dollar and gave bullion fresh momentum in a market already shaped by inflation anxiety, geopolitical tension and uncertain central-bank policy.
Bullion edged higher to around US$4,630 an ounce in early trade after rising about 1.5 percent previously. Spot gold had climbed as much as 1.7 percent to US$4,618.67 an ounce on Thursday, while US gold futures settled 1.5 percent higher at US$4,629.60. The gains were supported mainly by a weaker dollar, which makes dollar-priced gold more attractive to buyers using other currencies.
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