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Gold Modestly Higher In Cautious Trade

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Gold prices traded higher on Thursday even as the dollar resumed its advance after coming under selling pressure in the previous session.

Spot gold edged up by 0.4 percent to $51,161.05 while U.S. gold futures were up 0.8 percent at $5,173.26.

The dollar strengthened towards an over three-month high hit earlier in the week after a modest pullback overnight.

The greenback has seen more demand amid elevated geopolitical risks.

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