Gold prices steadied on Monday after falling to a near four-month low in the previous session, with the dollar gaining in the wake of indications that US economic growth picked up in the first quarter. Spot gold was up 0.1 percent at $1,275.80 per ounce as of 0111 GMT, having touched $1,270.63 in the previous […]

The post Gold steadies near 4-month low as dollar gains in wake of US data appeared first on The Jewelry Magazine.

Gold prices slipped on Monday as equity markets gained and the dollar steadied ahead of a US Federal Reserve policy meeting later this week. Fundamentals Spot gold was down about 0.2 per cent at $1,299.15 per ounce by 0113 GMT. US gold futures fell 0.3 per cent to $1,299.10 an ounce. Spot palladium dipped 0.8 […]

The post Gold dips as equities gain ahead of Fed policy meeting appeared first on The Jewelry Magazine.