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Gold prices inch up amid Brexit uncertainty, subdued dollar

Reuters  |  BENGALURU 

BENGALURU (Reuters) - Gold prices edged up in early Asian trade on Tuesday after hitting a two-week high in the previous session, amid political uncertainty over Brexit and as the U.S. dollar remained subdued.FUNDAMENTALS * Spot gold was up 0.1 percent at $1,258.12 an ounce at 0057 GMT. The metal touched its highest since June 26 at $1,265.87 on Monday.* U.S. gold futures for August delivery were 0.1-percent lower at $1,258.70 an ounce.* The dollar index, which measures the greenback against a basket of six major currencies, was steady at 94.028. It fell to its lowest since mid-June in the ...

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First Published: Tue, July 10 2018. 06:57 IST