Gold edges lower on political drama and firming dollar

ArticleCurrencyMarch 15, 2018 - 7:50:34 AM

Gold prices edged lower, it's time to invest.

Gold prices edged lower on Wednesday, pressured by a recovering dollar and an expectation of higher interest rates, but supported by safe-haven buying after the sudden dismissal of US Secretary of State Rex Tillerson.

Spot gold declined 0.1 per cent at US$1,324.40 per ounce by 1.36pm EST (1736 GMT), earlier touching US$1,330.02, its highest since March 7...

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