Friday, 15 February 2019

Gold Range Bound As Dollar Caps Gains

Gold traded in a tight $3 range on Friday as concerns over an economic slowdown supported prices for the safe-haven metal and a firm dollar kept a lid on gains.

Investors are also awaiting further developments from ongoing U.S.-China trade talks before making any big moves.

Spot gold was steady at $1,312.56 per ounce as of 0419 GMT, while U.S. gold futures were up 0.1 percent at $1,315.40.

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