2018-11-27
Gold prices fell on Tuesday as the dollar stabilized as investors awaited signs of a rate hike in the future as the US-China trade conflict worsens ahead of the G20 summit.
 
At 0702 GMT the spot price of gold was down 0.1 percent at $ 1220.97 an ounce.
 
US gold futures fell 0.2 percent to $ 1220.2 an ounce.
 
Investors will not move until the minutes of the Federal Reserve meeting and more visibility into the global trade dispute ahead of the G-20 summit, ANZ analyst Daniel Haines said.
 
The dollar index maintained its gains today, hovering near its highest level since November 15.
 
Silver fell 0.1 percent in spot trade to $ 14.217 an ounce.
 
Platinum rose 0.3 percent to $ 842.2 an ounce, while palladium rose 0.2 percent to $ 1,143.77 an ounce.