You are here: Home » Reuters » News
Business Standard

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


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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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