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	150,016.16 145.54M	0.56% 837.50
ALLSHR	90,164.34 252.99M	0.46% 410.34
KSE30	45,486.46 99.07M	-0.00% -1.03
KMI30	214,854.66 60.89M	0.67% 1433.99
KMIALLSHR	58,253.19 111.97M	0.44% 254.55
BKTi	41,815.03 51.07M	-1.21% -510.60
OGTi	30,860.86 6.60M	0.86% 262.33

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	74,410.00	74,765.00 74,100.00	-275.00 -0.37%
BRENT CRUDE	103.50	104.98 100.86	3.29 3.28%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-11.95 -10.73%
ROTTERDAM COAL MONTHLY	121.85	122.00 121.75	0.70 0.58%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	95.25	95.65 94.25	-0.96 -1.00%
SUGAR #11 WORLD	14.47	14.51 14.19	0.28 1.97%