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Gold hovers near 10-month peak amid steady dollar after Fed minutes


Thursday, 21 February 2019 09:06 WIB

GOLDEMAS Spot EmasSpot Gold


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Gold prices were firm near a 10-month peak on Thursday, with the dollar holding steady in the wake of minutes from the latest U.S. Federal Reserve meeting that rekindled expectations of a possible rate hike later in the year.

Spot gold had gained 0.1 percent to $1,339.99 per ounce by 0054 GMT, having touched $1,346.73 per ounce in the previous session, its highest level since April 20.

U.S. gold futures were down 0.4 percent at $1,342.5 per ounce.

Palladium rose 0.3 percent to $1,493, having reached a record level of $1,500 an ounce in the previous session.

Source : Reuters


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