You are here: Home » Reuters » News
Business Standard

Gold prices rise as dollar slips to lowest in nearly three weeks

Reuters  |  BENGALURU 

By Swati VermaBENGALURU (Reuters) - Gold prices nudged higher on Tuesday as the U.S. dollar slid to its weakest level in about three-weeks, with the metal also supported by festering worries over U.S.-China trade tensions.Spot gold had gained 0.2 percent to $1,347.81 an ounce by 0707 GMT, while U.S. gold futures were steady at $1,350.60 an ounce."Despite a quietening of negative headlines overnight, its unlikely we've seen the last of China trade tensions or a weaker U.S. dollar for that fact. All of which continues to provide the most apparent reasons to own gold," said Stephen Innes, head ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, April 17 2018. 13:16 IST