Singapore, May 13 (QNA) - Gold prices held steady in early Asian trade on Wednesday, as investors stayed on the sidelines ahead of a key US-China summit in Beijing, while keeping an eye on developments surrounding the Middle East conflict.

Spot gold was steady at $4,713.39 per ounce, while US gold futures for June delivery gained 0.7% to $4,721.80.

As for other precious metals, spot silver rose 1% to $87.40 per ounce, while platinum fell 0.1% to $2,124.70, and palladium rose 0.4% to $1,497 per ounce. (QNA)