Gold stalls

Bengaluru : Gold prices were flat early Thursday while the dollar stayed firm helped by higher long-term U.S. Treasury yields, though lingering U.S.-China trade tensions kept the greenback´s gains in check.

Spot gold was flat at $1,348.80 per ounce at 0058 GMT, while U.S. gold futures fell 0.1 percent to $1,352 per ounce.

The dollar index , which measures the greenback against a basket of currencies, was up about 0.1 percent at 89.673.

U.S. President Donald Trump said on Wednesday he hoped an unprecedented summit with North Korean leader Kim Jong Un would be successful after a recent visit to Pyongyang by CIA Director Mike Pompeo, but warned he would call it off if he did not think it would produce results. Trump and Japanese Prime Minister Shinzo Abe said on Wednesday they had agreed to intensify trade consultations between the two longtime allies, with an aim to expand investment and trade between both countries.