Bengaluru: Gold prices were steady on Tuesday as the dollar remained under pressure on signs that United States President Donald Trump would adopt a protectionist stance on trade. Spot gold was mostly unchanged at $1,217.42 per ounce by 9.07am, after hitting their strongest since 22 November at $1,219.59 earlier in the session. “We are looking at gold hitting $1,250 within weeks. “The market starts to realize the euphoria on how he starts to accelerate the growth and is disappointed. Palladium dropped by 0.6% to $771.80 an ounce, after hitting $795.60, its highest since May 2015, in the previous session.

Source: Mint January 24, 2017 07:43 UTC