Gold gains on softer dollar; Iran-US talks in focus
Gold prices edged higher on Thursday, boosted by a softer dollar and safe-haven demand amid uncertainty over U.S. tariff policy and U.S.-Iran talks.
Spot gold was up 0.5% at $5,195.99 per ounce, as of 0639 GMT. Bullion had hit a more than three-week high on Tuesday.
U.S. gold futures for April delivery were down 0.2% at $5,213.50.
The dollar began the day on the back foot, as better-than-expected earnings from Nvidia boosted investor confidence, while markets awaited details of the latest U.S. tariffs on imports.
A softer greenback makes dollar-denominated gold cheaper for holders of other currencies.
Spot silver edged 0.1% higher to $89.48 per ounce, after climbing to a three-week high on Wednesday.
Spot platinum added 0.8% at $2,305.20 per ounce, while palladium lost 0.1% to $1,793.84. Both metals hit three-week highs in the previous session.
Reuters
Gold prices edged higher on Thursday, boosted by a softer dollar and safe-haven demand amid uncertainty over U.S. tariff policy and U.S.-Iran talks.
Spot gold was up 0.5% at $5,195.99 per ounce, as of 0639 GMT. Bullion had hit a more than three-week high on Tuesday.
U.S. gold futures for April delivery were down 0.2% at $5,213.50.
The dollar began the day on the back foot, as better-than-expected earnings from Nvidia boosted investor confidence, while markets awaited details of the latest U.S. tariffs on imports.
A softer greenback makes dollar-denominated gold cheaper for holders of other currencies.
Spot silver edged 0.1% higher to $89.48 per ounce, after climbing to a three-week high on Wednesday.
Spot platinum added 0.8% at $2,305.20 per ounce, while palladium lost 0.1% to $1,793.84. Both metals hit three-week highs in the previous session.
Reuters
Gold prices edged higher on Thursday, boosted by a softer dollar and safe-haven demand amid uncertainty over U.S. tariff policy and U.S.-Iran talks.
Spot gold was up 0.5% at $5,195.99 per ounce, as of 0639 GMT. Bullion had hit a more than three-week high on Tuesday.
U.S. gold futures for April delivery were down 0.2% at $5,213.50.
The dollar began the day on the back foot, as better-than-expected earnings from Nvidia boosted investor confidence, while markets awaited details of the latest U.S. tariffs on imports.
A softer greenback makes dollar-denominated gold cheaper for holders of other currencies.
Spot silver edged 0.1% higher to $89.48 per ounce, after climbing to a three-week high on Wednesday.
Spot platinum added 0.8% at $2,305.20 per ounce, while palladium lost 0.1% to $1,793.84. Both metals hit three-week highs in the previous session.
Reuters
comments
Gold gains on softer dollar; Iran-US talks in focus
comments