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Gold Live News Update

Gold prices rise on bargain hunting, dollar pullback

Gold prices edged up on Tuesday from an 18-month low hit in the previous session as a break below a key psychological level triggered buying interest, while the U.S. dollar pared gains after scaling a 13-month high.
Spot gold XAU= was up 0.2 percent at $1,195.51 an ounce, as of 0654 GMT. In the previous session, the bullion hit $1191.35, its lowest since Jan. 30, 2017.
U.S. gold futures GCcv1 were up 0.3 percent at $1,202.50 per ounce.

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