Wednesday Nov 20, 2024
Wednesday Nov 20, 2024
Tuesday, 7 September 2021 01:40 - - {{hitsCtrl.values.hits}}
REUTERS: Gold eased on Monday as the dollar firmed, but renewed bets that the US Federal Reserve may go slow on unwinding its pandemic-driven economic support measures kept bullion close to a 2-1/2-month high.
Spot gold inched 0.2% lower to $ 1,822.86 per ounce by 10:00 a.m. EDT (14:00 GMT). On Friday, prices hit their highest since 16 June at $ 1,833.80. Trading has been subdued by Monday's US Labour Day holiday.
US gold futures eased 0.5% to $ 1,825.10. The dollar index ticked up, potentially dimming appetite for those holding other currencies.
