Gold prices edge up on softer dollar
Wednesday, 25 July 2018 09:25 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasEmas berjangka

Gold prices inched higher early on Wednesday as the greenback  softened while investors awaited U.S. economic growth data due later this week.

Spot gold was 0.2 percent higher at $1,226.13 an ounce at 0051 GMT.

U.S. gold futures for August delivery were up 0.1 percent at $1,226.10 an ounce.   

The dollar index, which measures the greenback against a basket of six major currencies, was trading 0.1 percent lower at 94.547.      

The second-quarter U.S. economic growth data is due on Friday. Market watchers largely expect growth to top current forecasts of 4.1 percent.

Source : Reuters

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