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Gold nudges up as dollar eases; palladium hits fresh 16-yr peak

Reuters 

By Vijaykumar Vedala(Reuters) - Gold prices edged higher on Thursday, after marking a near three-week high in the previous session, as the dollar eased while palladium hit a fresh peak since February 2001.Spot gold rose 0.2 percent at $1,283.91 per ounce at 0844 GMT. On Wednesday, it rose 0.4 percent and touched its highest since Oct. 20 at $1,287.13 an ounce.U.S. gold futures for December delivery were up 0.1 percent at $1,284.90. "Gold has been probably tracking the currency (U.S. dollar) because some of the other drivers which had pushed it to its recent highs have subsided, in particular ...

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First Published: Thu, November 09 2017. 14:31 IST
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