Limited risk hedging helps gold to hold steady
Investors are focused on longer-term dynamics, which should favour bullion, analyst says
20 January 2020 - 07:55
Bengaluru — Gold traded in a narrow $3 range on Monday as strong US economic data encouraged investment in riskier assets while limited risk hedging supported the metal.
Spot gold ticked up 0.1% to $1,558.46 per ounce by 5.59am, after a near 0.4% drop last week. US gold futures were down 0.1% to $1,558.40...
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