India, Feb. 18 -- Gold prices edged higher on Tuesday as the focus shifted to the U.S.-Russia bilateral talks on Ukraine.
Spot gold rose half a percent to $2,912.55 per ounce in European trade while U.S. gold futures were up 0.9 percent at $2,925.71.
U.S. and Russian officials have started the highest-level talks in Riyadh about the war in Ukraine.
European officials are not part of these discussions, with Volodymyr Zelenskyy warning his country will not recognize peace deals made without Ukrainian participation.
The private talks between Trump and Putin have raised fears that the EU's role in Ukraine's future could be sidelined.
Meanwhile, a senior Russian official said that Ukrainian drones had attacked a pipeline in Russia which pum...