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 slips 1% as equities, US Treasury yields rise
Monday, 19 August 2019 21:22 WIB
Gold shed 1% on Monday as a recovery in share markets and rising U.S. Treasury yields reduced some of the metal's safe-haven appeal, prompting investors to book profits.
Spot gold was down 1.06% at $1,497.85 per ounce. U.S. gold futures slipped 1%...