[Institutions: Uncertainty in Middle East Conflict Pressures Gold Prices] Odaily Planet Daily News – Gold prices dipped in early trading but remained steady around $5,200/ounce as investors continued to digest mixed signals from the Middle East conflict. In the previous trading session, gold prices closed higher, supported by a weaker dollar and a retreat in oil prices that eased inflation concerns. Analysts at ANZ Bank stated: 'However, developments continue to cloud the outlook for U.S. rate cuts. This has led to ongoing withdrawals of gold from ETFs by investors.' Traders are now awaiting the release of U.S. inflation data tonight for more clues on the interest rate outlook. (Jin10)