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Gold prices tick up amid weaker dollar

Reuters  |  BENGALURU 

By Apeksha NairBENGALURU (Reuters) - Gold prices made modest gains on Thursday after touching their lowest level this year in the previous session, amid geopolitical uncertainty and a slightly weaker U.S. dollar.Spot gold had risen 0.25 percent to $1,293.43 per ounce by 0255 GMT, after marking its lowest since Dec. 27 in the previous session at $1,286.20.U.S. gold futures for June delivery were 0.1-percent higher at $1,292.80 per ounce.The dollar slipped versus major rivals on Thursday after it hit a 2018-peak overnight, while the euro hovered near a five-month low on concerns that political ...

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First Published: Thu, May 17 2018. 09:24 IST