Subdued US dollar pushes gold prices higher - Pakiatani Media News

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Monday, 14 May 2018

Subdued US dollar pushes gold prices higher

Gold prices rose on Monday on the back of a subdued dollar as investors considered the prospects of fewer interest rate hikes in the United States this year. Spot gold was up 0.2 percent at $1,320.45 per ounce as of 0330 GMT, after marking the highest since April 26 at $1,325.96 in the previous session....

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