Gold inches higher on lacklustre dollar
The metal is slightly stronger as the US currency hovers near a six-month low hit amid worry about US economic outperformance
02 January 2020 - 07:34
Bengaluru — Gold prices edged higher on Thursday as the dollar hovered near a six-month low hit on New Year’s Eve amid bets US economic outperformance could be coming to an end.
Spot gold rose 0.2% to $1,519.75/oz by 4.49am GMT, after having touched their highest since September 25 at $1,525.20 on Tuesday. Bullion ended 2019 with its biggest annual gain since 2010. US gold futures were down 0.1% at $1,522.40...
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