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Gold firm as risk sentiment takes backseat; strong dollar caps gains


Thursday, 7 March 2019 13:00 WIB

GOLDEMAS Spot EmasSpot Gold


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Gold prices steadied on Thursday as lacklustre appetite for riskier assets offered some support to the safe-haven metal, while a firmer dollar curbed gains ahead of European Central Bank's (ECB) policy meeting due later in the day.

Spot gold was steady at $1,286.25 per ounce, as of 0521 GMT. U.S. gold futures were down 0.1 percent at $1,286.70 an ounce.

The dollar index, which tracks the greenback against major currencies, was holding near its more than two-week high posted earlier in the week.

Source : Reuters


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