You are here: Home » Reuters » News
Business Standard

Gold prices edge higher as dollar sags


(Reuters) - Gold prices inched up on Tuesday as the dollar remained subdued and as investors waited for U.S. consumer price data later in the day to gauge the outlook for inflation and Federal Reserve policy.FUNDAMENTALS * Spot gold had edged up 0.1 percent to $1,324.08 per ounce at 0057 GMT. * U.S. gold futures for April delivery climbed 0.3 percent to $1,324.50 per ounce.* The dollar index against a basket of six major currencies was flat at 89.900 after shedding about 0.2 percent overnight.* Asian stocks stalled on Tuesday, halting an earlier rally after Wall Street shares ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, March 13 2018. 06:52 IST