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	177,166.52 410.56M	0.33% 574.76
ALLSHR	107,641.65 676.88M	0.48% 519.21
KSE30	52,670.80 88.28M	0.39% 203.40
KMI30	251,460.53 103.06M	0.76% 1891.30
KMIALLSHR	69,413.38 509.62M	0.79% 544.65
BKTi	49,984.79 26.85M	-0.30% -151.57
OGTi	36,423.05 16.04M	1.47% 527.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,540.00	78,915.00 76,745.00	360.00 0.47%
BRENT CRUDE	93.60	94.83 92.74	-0.18 -0.19%
RICHARDS BAY COAL MONTHLY	110.30	110.50 110.30	0.05 0.05%
ROTTERDAM COAL MONTHLY	125.25	125.25 125.25	1.50 1.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	86.64	87.51 85.80	-0.19 -0.22%
SUGAR #11 WORLD	17.60	17.89 17.16	0.08 0.46%