BENGALURU,Oct 06 (Reuters): Gold held steady on Tuesday as a weaker dollar countered improved appetite for riskier assets after US President Donald Trump left the hospital where he was being treated for COVID-19.
Spot gold was little changed at $1,912.81 per ounce by 0946 GMT, having hit its highest since Sept. 22 on Monday at $1,918.36.
US gold futures eased 0.1 per cent to $1,918.50.
"The dollar's refusal to explore more of its downside is taking some of the shine off gold," FXTM market analyst Han Tan said.
He added that while news of Trump's improving condition had initially encouraged a risk-on sentiment, it could be short lived, with questions continuing to swirl about the true state of the President's health.
Gold price steady
FE Team | Published: October 06, 2020 21:52:33 | Updated: October 06, 2020 23:35:28
Gold price steady
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