Gold prices were modestly lower in mid-morning trading in Asia on Thursday, still hovering around a one-month low.
Gold futures for April delivery on the Comex division of the New York Mercantile Exchange were down 0.03% to $1,287.15 a troy ounce by 10:34 PM ET (3:34 AM GMT) on Thursday morning.
Gold prices climbed to a peak of around $1,349 on Feb. 20 but have been on a downward trajectory since then and lingering at below $1,290 this week.
The U.S. dollar, on the other hand, edged up. The U.S. Dollar Index that tracks the greenback against a basket of six major currencies continued to rise, up 0.03% to 96.830 on Thursday morning.
Source : Investing.com