Bengaluru — Gold prices were steady on Monday near their highest since July 17 as the dollar eased to its lowest in nearly two weeks after US President Donald Trump criticised the Federal Reserve’s interest rate tightening policy.Spot gold was at $1,231.87/oz, up 0.03%, at 4.17am GMT. The metal gained 0.7% in the previous session. US gold futures for August delivery were 0.1% higher at $1,232.10/oz.The dollar index, which measures the greenback against a basket of six major currencies, was down 0.2% at 94.305. It fell to its weakest since July 11 earlier in the session. Trump on Friday reinforced his criticism of the Federal Reserve’s policy on raising interest rates, saying it took away from the US’s "big competitive edge" and could hurt the US economy."Comments over the weekend from Trump changed the environment somewhat, with the apparent push now to really weaken the US dollar," said ANZ analyst Daniel Hynes.The dollar has been a significant headwind for gold over the past mon...
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