Advertisement
Can't connect right now! retry

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

Business

REUTERS
February 14, 2018
Advertisement

Gold stalls

Business

REUTERS
February 14, 2018

Share

Bengaluru : Gold prices held steady on Tuesday, buoyed by a weaker dollar as investors waited for inflation data for clues on the pace of U.S. interest rate hikes.

Spot gold was mostly unchanged at $1,322 an ounce, as of 0102 GMT.

On Monday, it rose 0.5 percent in its biggest one-day percentage gain in more than a week.

U.S. gold futures were down 0.1 percent at $1,324.6 per ounce.

Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street´s extended rebound from last week´s steep fall.

U.S. inflation expectations edged lower last month, dulling a year-end rise, according to a Federal Reserve Bank of New York survey published on Monday.

U.S. inflation data for January is due on Wednesday and the U.S. Federal Reserve next meets on March 20-21.

Advertisement

Comments

Advertisement

Topstory

Opinion

Newspost

Editorial

National

World

Sports

Business

Karachi

Lahore

Islamabad

Peshawar