Gold prices slip
Thursday, 18 January 2018
BENGALURU, Jan 17 (Reuters): Gold prices reversed early gains to trade slightly lower on Wednesday as the US dollar recovered from a three-year low against a basket of currencies.
Spot gold was down 0.3 per cent at $1,334.86 an ounce by 0641 GMT, after rising to $1,343.91 earlier in the session. It touched its strongest since Sept. 8 at $1,344.44 on Monday.
US gold futures were down 0.1 per cent at $1,335.40 an ounce.
The dollar index was up 0.3 per cent at 90.684, after dropping to its lowest since December, 2014 to 90.113 early in the session.