Gold hardly changed as softer dollar counters risk-on trade
Markets remain cautious and await clarity on progress in China-US trade negotiations
13 December 2019 - 08:39
Bengaluru — Gold prices were steady on Friday as a weaker dollar helped offset pressures from an increased appetite for riskier assets after reports of a breakthrough in Sino-US trade negotiations, while palladium scaled a fresh peak.
Spot gold fell 0.1% to $1,467.20/oz by 4.52am GMT, but was up about 0.5% so far this week. US gold futures were down 0.1% at $1,471.60/oz...
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