17 mai 2018

Gold prices tick up amid weaker dollar

asianage.com

Gold prices can gain during times of uncertainty as the metal is seen as a safe place to park assets.  Spot gold had risen 0.25 per cent to $1,293.43 per ounce. Bengaluru: Gold prices made modest gains on Thursday after touching their lowest level this year in the previous session, amid geopolitical uncertainty and a slightly weaker US dollar. Spot gold had risen 0.25 per cent to $1,293.43 per ounce by 0255 GMT, after marking its lowest since December 27 in the previous session at $1,286.20. US [...]