Bengaluru — Gold prices inched up on Thursday as the euro rose to two-week highs against the dollar, with investors waiting for meetings of key central banks and the US-North Korea summit all due next week. Spot gold was up 0.1% at $1,296.98/oz by 3.59am GMT, while US gold futures for August delivery were largely unchanged at $1,301.20/oz. The dollar index, which measures the greenback against a basket of six major currencies, fell 0.1% to 93.538. The euro climbed to two-week highs against many of its rivals on Thursday, on rising bets the European Central Bank (ECB) may announce it will wind down its stimulus programme by year-end as early as next week. "A strong euro means a weaker dollar, so that’s definitely the reason that gold is firm," said Yuichi Ikemizu, Tokyo branch manager at CIBC Standard Bank. "The market is pretty quiet, there is no big factor to make the market move at the moment," Ikemizu said, adding that investors were waiting for events next week. A Federal Reserv...
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