US gold futures were up 0.1% at $1,254.60 per ounce. Global gold prices edged higher to a more than five-month peak today as a softer dollar supported the bullion while investors awaited cues on the rate hike trajectory of the U.S. central bank from its two-day policy meeting. Spot gold was up 0.1 percent at $1,250.20 per ounce, after hitting its highest since July 11 at $1,251.06 earlier in the session. In India, on Tuesday, prices of gold of 99.9% and 99.5% purity inched higher by Rs 60 to Rs 32,060 and Rs 31,910 per 10 gram in Delhi bullion market. US gold futures were up 0.1 percent at $1,254.60 per ounce.

Source: Mint December 19, 2018 06:33 UTC