Gold goes up as dollar softens
Tuesday, 12 June 2018
BENGALURU, June 11 (Reuters): Gold prices edged higher on Monday as the dollar softened ahead of key central bank policy meetings.
Spot gold was up 0.1 per cent at $1,299.30 per ounce at 0339 GMT.
US gold futures for August delivery were 0.1 per cent 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 per cent at 93.495.
"The market opened predictably quiet ahead of the abundance of risk events this week and wholly ignored President Trump going rogue at the G7," Stephen Innes, APAC trading head at OANDA said.