Gold inches up on weak dollar, pandemic peaking hopes cap gains
Thursday, 9 April 2020 09:58 WIB | PRECIOUS METALS | Spot EmasEMASGOLD

Gold prices rose slightly on Thursday ahead of a U.S. weekly jobless claims report as the dollar inched lower, while increasing appetite for risk on hopes that the new coronavirus pandemic is nearing a peak limited the metal's upside.

Spot gold rose 0.1% to $1,646.81 per ounce by 00:59 GMT, resuming its march toward a near one-month peak scaled on Tuesday. U.S. gold futures eased 0.1% to $1,682.70.

The dollar was down 0.1% against key rivals, making gold cheaper for investors holding other currencies.

Source : Reuters

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