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 dispute worsens ahead of the G20 summit.
 
At 07:02 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.
 
Analyst Daniele Hain said investors would not hold a hold until the Federal Reserve meeting minutes were released and that more visibility was seen on the global trade dispute ahead of the G20 summit.
 
The dollar index maintained its gains today, and held close to its highest level since Nov. 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.