Gold Steadies Near 4-Month Low As Dollar Gains In Wake Of U.S. Data

Gold prices steadied on Monday after falling to a near four-month low in the previous session, with the dollar gaining in the wake of indications that U.S. economic growth picked up in the first quarter.
Spot gold was up 0.1 percent at $1,275.80 per ounce as of 0111 GMT, having touched $1,270.63 in the previous session – its lowest since Dec. 27, 2018.
Spot gold fell 1.2 percent in the previous week, marking its fourth consecutive weekly decline. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961