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Wednesday April 24, 2024

Gold surges

By Reuters
November 25, 2017
Bengaluru: Gold prices inched up on Friday as the dollar remained under pressure after minutes of the U.S. Federal Reserve´s meeting revealed that some policymakers were concerned over lower inflation.
Spot gold was up 0.1 percent at $1,292.18 per ounce, as of 0134 GMT. Bullion was down about 0.2 percent for the week. U.S. gold futures for December delivery were unchanged at $1,291.80. * The dollar index, which tracks the U.S. unit against a basket of six major rival currencies , was down 0.1 percent.
Lawyers for Michael Flynn, U.S. President Donald Trump´s former national security adviser, have told Trump´s legal team they can no longer discuss a probe into Russian meddling in the U.S. election, indicating Flynn may be cooperating with the investigation, the New York Times reported on Thursday.