Gold Steady as Dollar Eases and Traders Weigh Oil-Supply Crunch

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Gold:Gold was little changed, after the US dollar slipped and traders weighed attempts to contain an oil-supply shock arising from the war in the Middle East.Bullion was near $5,000 an ounce in early trading, having lost 0.3% in the previous session. Oil rose after falling on Monday, with investors assessing the release of emergency stockpiles against rising threats to energy infrastructure, while a gauge of the dollar fell 0.6%. US President Donald Trump appealed for help from other nations to secure the Strait of Hormuz, where crude transit has ground to a near-halt.