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LIVE NEWS UPDATE WITH ROYALTRADERS

RoyalTraders Call@9719026661 www.RoyalTraders.co Best Accuracy For Royal Traders Live News Update Gold edges lower amid firm dollar; trade tensions limit downside Gold prices edged lower on Monday, pressured by a strong U.S. dollar amid prospects of higher interest rates, while global trade tensions kept the metal buoyed above a six-month low hit last week. Spot gold XAU= was 0.1 percent lower at $1,267.23 an ounce as of 0432 GMT, while U.S. gold futures GCcv1 were down 0.2 percent at $1,268.80 per ounce. "There are specific factors that will actually push the dollar higher, given the trade tensions as well as the booming U.S. economy versus other economies," said OCBC analyst Barnabas Gan. "Gold prices are very much influenced by the dollar movement rather than anything else. It's less of a safe-haven demand into gold but rather a reaction to USD strength." U.S. President Donald Trump on Friday threatened to escalate a trade war wi