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Gold edges lower

Updated September 04, 2018

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LONDON: Gold prices eased slightly on Monday as the dollar held near a one-week high on worries over an escalation in trade conflicts between the United States and its trading partners.

Spot gold was down 0.1pc at $1,199.56 an ounce at 1220 GMT, having touched an intra-day low of $1,195.36.

Spot silver was flat at $14.50 an ounce after touching its lowest in more than two weeks at $14.37. Plati­n­um was steady at $783 an ounce, while palladium was unchanged at $981.

Published in Dawn, September 4th, 2018