Monday 4 June 2018

Gold Steady Amid U.S. Rate Hike Prospects

Gold prices were little changed on Monday as expectations of a U.S. rate hike this month offset support from trade war worries.

Spot gold was nearly unchanged at $1,292.96 per ounce by 0340 GMT, after hitting its lowest since May 23 at $1,289.12 in the previous session.

U.S. gold futures for August delivery were down 0.2 percent at $1,297.20 per ounce.

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