Gold prices lower in early trades

Mubasher: Gold prices declined in Friday’s early trades amid the rise of US dollar.

In the London Metal Exchange (LME), gold prices decreased by 0.5% to reach $1,316.5 per ounce by 8:15am GMT.

Gold futures slid 0.3% to reach $1,317.4 per ounce.

The U.S. dollar (DXY), which tracks it against a basket of six currencies, advanced 0.1% to reach 94.5 during the same time

Mubasher Contribution Time: 16-Sep-2016 08:59 (GMT)
Mubasher Last Update Time: 16-Sep-2016 08:59 (GMT)