Gold prices on Thursday held near two-week lows touched in the previous session, as the dollar recouped losses after cautious comments from U.S. Trade Representative Robert Lighthizer dented investors' hopes for a closure to the tariff war with China.
As of 0727 GMT, spot gold was 0.2 percent higher at $1,322.16 per ounce, while U.S. gold futures were up 0.1 percent at $1,322.
The safe-haven metal hit the lowest since Feb. 15 at $1,316.43 in the previous session, but marked its fifth straight monthly gain.
Source : Reuters
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Gold Steady as Weaker Dollar Offsets Increased Risk Appetite
Friday, 13 December 2019 18:40 WIB
Gold prices were steady on Friday as a weaker dollar helped offset pressures from an increased appetite for riskier assets following reports of a breakthrough in China-U.S. trade negotiations, while palladium scaled a fresh peak.
Spot gold fell...