Gold Holds Near One-Week High On Subdued Dollar

Gold inched higher on Tuesday, trading just below a more than one-week peak hit in the previous session, as Asian equities eased and the dollar weakened following sombre U.S. economic data.
Spot gold was up 0.2 percent at $1,299.34 per ounce as of 0101 GMT, after touching its highest since March 28 at $1,303.61 in the previous session. U.S. gold futures gained 0.1 percent to $1,302.80 an ounce. The dollar sagged on Tuesday after weak U.S. economic data while commodity-linked currencies such as the Canadian and Australian dollars drew support from an ongoing surge in crude oil prices. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961