Thursday, 10 May 2018

Gold Prices Steady Amid Firm Dollar; Iran Tensions Support

Gold prices steadied on Thursday as the dollar held firm near its 2018 peak on strong U.S. bond yields, with investors also keeping an eye out for any further impact from U.S. President Donald Trump's decision to pull out of a nuclear deal with Iran.

Spot gold was up 0.1 percent at $1,313.94 per ounce by 0359 GMT.

U.S. gold futures for June delivery were 0.1 percent higher at $1,314.10 per ounce.

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