Gold scales up as the expectations regarding Fed not raising interest rates weakens dollar

MG News | January 14, 2019 at 10:55 AM GMT+05:00

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January 14, 2019 (MLN): Gold prices scaled up during initial hours on Monday, as the expectations regarding U.S. Federal Reserve not raising interest rates this year weakened the dollar. Moreover, the previous metal further gained from drop in Asian markets.

Spot gold was up by 0.3 percent at $1,291.42 per ounce, as of 0411 GMT, whereas U.S. gold futures were up by 0.2 percent at $1,291.40 per ounce.

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Name	Price/Vol	%Chg/NChg
KSE100	174,429.93 266.16M	-0.97% -1703.64
ALLSHR	105,686.64 690.97M	-0.83% -882.18
KSE30	52,098.85 92.59M	-1.07% -565.05
KMI30	245,280.51 99.76M	-1.03% -2557.91
KMIALLSHR	67,681.60 339.32M	-0.84% -574.20
BKTi	49,745.96 31.42M	-0.99% -497.94
OGTi	34,431.76 6.26M	-0.55% -190.66

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,150.00	66,840.00 65,570.00	-370.00 -0.56%
BRENT CRUDE	93.90	95.47 91.31	2.89 3.18%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.75 -0.70%
ROTTERDAM COAL MONTHLY	119.65	0.00 0.00	-0.45 -0.37%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	86.71	88.61 84.44	2.37 2.81%
SUGAR #11 WORLD	14.75	14.94 14.67	-0.13 -0.87%