Bengaluru — Gold prices on Thursday were little changed after falling to their lowest in five weeks in the previous session, pressured by a stronger dollar, which held near more than three-month highs, and a rise in US treasury yields. Spot gold was up 0.05% at $1,323.66/oz at 3.51am GMT, after falling by as much as 0.9% to $1,318.51 in the previous session, its lowest since March 21. US gold futures gained 0.1% $1,324.7/oz. "Gold prices are lower because of the stronger dollar," said Peter Fung, head of dealing at Wing Fung Precious Metals in Hong Kong. "At these low levels the market could now attract some physical buying interest … the market has a very good [physical] support at around $1,310-$1,315 levels," he said. The dollar index, which measures the greenback against a basket of currencies, was steady at 91.148 after rising to as much as 91.261 in the previous session, its highest since January 12. "Contributing to this [fall in gold prices] was a rise in the dollar and furt...
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