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Reuters
Gold ticks up on softer dollar; focus on Fed minutes
Gold prices edged higher on a weaker dollar on Monday as investors awaited upcoming U.S. economic data to chart out the path of future interest rate hikes from the Federal Reserve. Spot gold rose 0.2% to $1,844.34 per ounce by 0931 GMT, after falling to its lowest since late December in the previous session. “We still look for higher prices over the coming quarters, but near term, I think gold will stay volatile until U.S. economic data indicates a slowdown in economic activity,” said UBS analyst Giovanni Staunovo.
