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Gold gains as dollar weakens further

Reuters  |  BENGALURU 

BENGALURU (Reuters) - prices edged higher on Tuesday as the U.S. dollar slipped further, making bullion less expensive for holders of other currencies.

FUNDAMENTALS

* Spot was up 0.2 percent at $1,348.82 an as of 0102 GMT, and U.S. futures were up 0.1 percent to $1,351.5 an

* The dollar index <.DXY>, which measures the greenback against a basket of currencies, was down 0.1 percent at 89.384, following a 0.4 percent fall on Monday. [USD/]

* Against the yen, the dollar was off its seven-week high of 107.78 yen touched on Friday as traders braced for a meeting between U.S. and Japanese starting on Tuesday.

* The accused on Monday of blocking international inspectors from reaching the site of a in and said Russians or Syrians may have tampered with evidence on the ground.

* Trump has delayed imposing additional sanctions on and is unlikely to approve them unless carries out a new cyber attack or some other provocation, a said on Monday.

* Trump said on Monday he would nominate as Federal Reserve Vice Chairman, adding another hawkish voice at the central

* consumption in in the first three months of this year fell 5.44 percent to 284.97 tonnes from a year earlier, Chinese state television CCTV reported on Monday, citing data from the Association.

* raised holdings by 3.1 tonnes to 310.1 tonnes in March, while lowered holdings by 6.8 tonnes to about 55 tonnes during the same period, data showed on Monday.

* Azerbaijan's top producer, Anglo Asian Mining , said on Monday it had increased its production by 49 percent year-on-year in the first quarter of 2018 to 16,479 ounces from 11,078 ounces in the same period last year.

* said on Tuesday it would purchase three projects in Western Australia's Pilbara.

* The Association on Monday said it added Hindustan Zinc Ltd's (HZL) silver refinery in to its 82-strong 'Good Delivery List', a leading benchmark for silver bar quality.

(Reporting by in Bengaluru; Editing by Amrutha Gayathri)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 06:53 IST
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