Bengaluru — Gold prices rose for a third session on Tuesday as the dollar languished near a five-week low, as investors eyed rising tension between Russia and the West even as a US-China trade spat appeared to ease.Spot gold edged up 0.1% to $1,354.51/oz at 4.46am GMT, just off Monday’s $1,355.97, the metal’s highest level since February 16.US gold futures for April delivery were flat at $1,354.60/oz."Gold prices continue to ratchet higher as the US dollar weakens despite equity markets rebounding on easing concerns about the likelihood of a trade war between China and USA," Stephen Innes, Asia-Pacific trading head at Oanda, said in a note."Realistically there are plentitudes of market turmoil in the making that continue to make gold the go-to place to hedge risk." Against a basket of six other major currencies, the dollar index was flat at 89.043. The index fell to a five-week low of 88.979 on Monday. Asian share markets rallied on Tuesday with a revival of investor appetite for ri...
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