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Gold Live News Update

Gold at 1-week high as Trump remarks on Fed weigh on dollar

Gold prices on Tuesday climbed to a one-week high on the back of a weaker dollar, after U.S. President Donald Trump said he was "not thrilled" with the Federal Reserve for raising interest rates.
Spot gold XAU= rose 0.4 percent to $1,194.81 an ounce at 0701 GMT, after touching $1,196.27 earlier, the highest level since Aug. 14. U.S. gold futures GCcv1 climbed 0.5 percent to $1,200.60 an ounce.


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