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Gold prices ease in choppy trade as dollar, stocks advance

Reuters  |  NEW YORK/LONDON 

By Chris Prentice and Maytaal AngelNEW YORK/LONDON (Reuters) - Gold retreated from earlier gains on Thursday as the U.S. dollar turned higher and global stocks gained on upbeat data, even as investors wagered that policy tightening in the United States would be glacial at best.Denting gold's safe-haven appeal, the MSCI world index hit a record high for the fourth time in less than a month as investors took Yellen's remarks as a green light for risk-taking. [MKTS/GLOB]China posted stronger-than-expected June trade figures, bolstering the U.S. dollar, which advanced against a currency basket ...

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First Published: Thu, July 13 2017. 23:54 IST