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	163,806.22 500.44M	-0.39% -638.50
ALLSHR	99,845.79 1,977.49M	-0.42% -417.42
KSE30	50,123.85 153.24M	-0.68% -343.31
KMI30	238,530.50 71.49M	-0.36% -850.63
KMIALLSHR	65,898.10 543.80M	-0.37% -245.35
BKTi	46,380.96 92.15M	-0.49% -229.01
OGTi	31,857.40 12.33M	-1.20% -387.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,220.00	109,470.00 103,745.00	-1225.00 -1.13%
BRENT CRUDE	61.34	61.47 60.14	0.28 0.46%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	93.20	93.50 93.20	0.05 0.05%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	57.25	57.32 56.15	0.26 0.46%
SUGAR #11 WORLD	15.53	15.88 15.45	-0.27 -1.71%