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	165,930.99 130.24M	0.47% 779.34
ALLSHR	100,610.48 378.72M	0.45% 449.84
KSE30	49,063.88 37.34M	0.46% 224.35
KMI30	238,884.56 81.35M	0.41% 973.99
KMIALLSHR	65,270.38 212.83M	0.42% 270.26
BKTi	45,897.03 8.93M	0.66% 303.08
OGTi	33,673.00 3.31M	1.09% 362.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,755.00	84,945.00 84,635.00	140.00 0.17%
BRENT CRUDE	110.02	111.32 107.68	1.23 1.13%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	-1.75 -1.34%
ROTTERDAM COAL MONTHLY	147.10	0.00 0.00	1.60 1.10%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	98.01	98.10 97.72	0.86 0.89%
SUGAR #11 WORLD	20.47	20.74 20.27	-0.05 -0.24%