Gold prices remained steady as investors awaited U.S. inflation data to gauge the potential for a Federal Reserve rate cut. The ceasefire agreement between Israel and Hezbollah also contributed to selling pressure on gold. Analysts believe that Trump's trade war could ultimately be positive for gold due to higher debt loads and dedollarisation. China's net gold imports via Hong Kong in October were down 43% from the previous year. Traders will closely monitor economic data releases later in the day.