Thursday, 28 February 2019

Gold Near 2-Week Lows As Dollar Rebounds On Sino-US Trade Concerns

Gold prices on Thursday held near two-week lows touched in the previous session as the dollar rebounded after cautious comments from US Trade Representative Robert Lighthizer stoked concerns over progress in US-China trade talks. 

Spot gold was down 0.1 per cent at $1,318.06 per ounce as of 0132 GMT, after touching its lowest since Feb. 15 at 1316.43 in the previous session. 

US gold futures were flat at $1,321.40 an ounce.

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