Gold remains stable on the back of a weaker dollar

January 8, 2019: Gold remained stable on Tuesday as the dollar was under pressure from mounting expectations that the Federal Reserve will either pause or halt its interest rate hike cycle, with the euro and Swiss franc leading gains among its rivals.

Spot gold changed slightly at $1,288.36 by 0047 GMT, whereas U.S. gold futures were also steady at $1,289.50 per ounce.

Copyright Mettis Link News

Posted on: 2019-01-08T10:34:00+05:00