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Gold steady as US dollar holds near 2-month lows

Published Mon, Nov 27, 2017 · 09:50 PM
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Bengaluru

GOLD prices were steady early on Monday, as the US dollar held close to a two-month low hit in the previous session against a basket of major currencies.

Spot gold was nearly unchanged at US$1287.67 an ounce at 0045 GMT. US gold futures for December delivery were flat at US$1,287.20.

The dollar index, which measures the greenback against a basket of six major currencies, was little-changed at 92.806 and hovered near a two-month low of 92.675 hit on…

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