Gold’s future changes a little
1 min read
Gold drops
Gold prices were steady on Tuesday, having hit a near-two week high in the previous session, as a softer dollar countered pressure from an upbeat risk sentiment.
Spot gold traded at $1,912.49 per ounce by 0108 GMT. Prices hit $1,918.36 on Monday, a peak since September 22.
U.S. gold futures were little changed at $1,919.30.
U.S. President Donald Trump returned to the White House on Monday after a three-night hospital stay where he was being treated for Covid-19.
Asia’s stock markets edged higher on Trump’s health update and prospects of a U.S. stimulus package, while the dollar index dipped 0.1% against rivals.
Silver rose 0.1% to $24.37 per ounce, platinum inched 0.1% higher to $897.99, while palladium dipped 0.2% to $2,356.85.