Gold Prices Flat as U.S. Dollar Edges Up
Gold costs were exchanging close level on Monday in Asia as the U.S. dollar edged up.Gold Futures for June conveyance, exchanged on the Comex division of the New York Mercantile Exchange, were unaltered at $1,276.15 by 1:00 AM ET (05:00 GMT).
The valuable metal hit fourteen day lows on Friday as the U.S. dollar flooded after the arrival of information that indicated U.S. purchaser feeling was at a 15-year high. Reports that China's state-run media communicated fretfulness over the advancement of exchange arrangements with Washington likewise upheld the dollar.
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