Gold steadies as traders await US jobs data, monitor Mideast tensions
GLD•Other metals and upcoming data releases
* Among other metals, spot silver XAG= gained 0.4% at $66.77 per ounce, platinum XPT= edged 0.7% higher at $1,802.67, while palladium XPD= firmed 0.8% to $1,367.25.
| DATA/EVENTS (GMT) | |
| 0145 | China RatingDog Manufacturing PMI Final August |
| 0600 | UK Nationwide house price mm, yy August |
| 0750 | France S&P Manufacturing PMI August |
| 0755 | Germany S&P Manufacturing PMI August |
| 0800 | EU S&P MFG Final PMI August |
| 0830 | UK S&P Global Manufacturing PMI August |
| 0900 | EU HICP Flash YY August |
| 0900 | EU HICP-X, F, E, A, T Flash YY, MM August |
| 0900 | EU Unemployment Rate July |
| 1345 | US S&P Global Mfg PMI Final August |
| 1400 | US ISM Manufacturing PMI August |
Gold holds steady as traders weigh jobs data and Middle East tensions
Sept. 1 (Reuters) - Gold prices steadied on Tuesday as traders assessed Middle East tensions and awaited key U.S. labour market data due this week that could shape expectations for Federal Reserve monetary policy.
* Spot gold XAU= held its ground at $4,454.68 per ounce by 0057 GMT, after hitting its lowest level since August 19 in the previous session.
* U.S. gold futures GCcv1 for December delivery rose 0.5% to $4,503.70.
* Key U.S. data this week include job openings, the ADP employment report and nonfarm payrolls data that will be scrutinised for clues on labour market health and interest rate outlook.
* Traders currently see a 65% chance of a September U.S. rate hike, according to the CME FedWatch Tool.
