You are here: Home » Reuters » News
Business Standard

Gold ticks up as dollar softens ahead of key cenbank meetings

Reuters  |  BENGALURU 

By Karen RodriguesBENGALURU (Reuters) - Gold prices edged higher on Monday as the dollar softened ahead of key central bank policy meetings and the U.S.-North Korea summit this week, and as a weekend G7 summit fanned trade war fears. Spot gold was up 0.1 percent at $1,299.30 per ounce at 0339 GMT.U.S. gold futures for August delivery were 0.1 percent higher at $1,303.40 per ounce.The dollar index, which measures the greenback against a basket of six major currencies, was down 0.1 percent at 93.495. "The market opened predictably quiet ahead of the abundance of risk events this week and ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, June 11 2018. 09:31 IST