Global gold prices flat as rate hike worries ease - News Summed Up

Global gold prices flat as rate hike worries ease


Spot gold was flat at $1,323.07 per ounce at 8.45am. Photo: ReutersGold prices were steady on Monday as the US dollar inched lower, with the latest US jobs report easing fears of inflation and faster US rate hikes. Spot gold was flat at $1,323.07 per ounce at 8.45am. A relief rally swept across Asian share markets on Monday in the wake of the jobs report. Palladium was down 0.1% at $994.72 per ounce, while platinum was flat at $964.50 per ounce.


Source: Mint March 12, 2018 06:56 UTC



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