You are here: Home » Reuters » News
Business Standard

Gold holds near three-week high, set for weekly rise


(Reuters) - Gold inched up early Friday, holding near a three-week high amid uncertainty over U.S. tax reforms, and was on track for its first weekly rise in a month.FUNDAMENTALS * Spot gold was up 0.1 percent at $1,286.30 per ounce at 0101 GMT. On Thursday, it touched its highest since Oct. 20 at $1,288.34 an ounce. The safe haven asset was up about 1.3 percent for the week so far. * U.S. gold futures for December delivery were flat at $1,287.20.* Palladium gained 0.2 percent to $1,011.97 an ounce. It touched its highest since 2001 at $1,026.10 on Thursday.* The dollar was on track for ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, November 10 2017. 07:12 IST