Stronger dollar amidst Brexit worries hampers gold value

MG News | December 11, 2018 at 10:37 AM GMT+05:00

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December 11, 2018 (MLN): Gold prices continued to remain steady on Tuesday, supported by anticipations that the U.S. Federal Reserve could pause its rate hike cycle sooner than previously thought. However, a stronger dollar amidst Brexit worries agitated the precious metal.

Spot gold was steady at $1,244.71 per ounce, as of 0114 GMT, whereas U.S. gold futures were little changed at $1,250.1 per ounce.

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Name	Price/Vol	%Chg/NChg
KSE100	174,830.38 150.45M	-0.74% -1303.18
ALLSHR	105,920.91 382.34M	-0.61% -647.91
KSE30	52,215.04 45.15M	-0.85% -448.86
KMI30	246,003.45 50.56M	-0.74% -1834.97
KMIALLSHR	67,893.41 182.29M	-0.53% -362.39
BKTi	49,744.98 18.98M	-0.99% -498.91
OGTi	34,466.58 1.86M	-0.45% -155.84

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,970.00	66,840.00 65,890.00	-550.00 -0.83%
BRENT CRUDE	93.37	93.55 91.31	2.36 2.59%
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	86.59	86.71 84.44	2.25 2.67%
SUGAR #11 WORLD	14.90	14.97 14.76	0.08 0.54%