2018-11-22
Gold prices were flat on Thursday after a two-week high in the previous session, as the dollar was negatively impacted by improved risk appetite.
 
By 0742 GMT, spot gold rose 0.1 percent to $ 1227.25 an ounce. Prices on Wednesday hit their strongest level since Nov. 7 at $ 1230.07 an ounce.
 
Gold settled in US futures futures at $ 1227.6 an ounce.
 
The dollar fell on Thursday as demand for safe-haven currencies plummeted after global stocks rebounded.
 
Meanwhile, Asian stocks posted volatile performance in cautious trading, with China continuing its losses as investors are concerned about slowing global growth in the face of rising US interest rates and trade tensions.
 
Among other precious metals, silver was little changed in spot transactions to settle at $ 14.49 an ounce.
 
Platinum rose 0.5 percent to $ 845 an ounce, while palladium rose 0.2 percent to $ 1,149.77 an ounce.