Gold climbs supported by dollar weakness

Views 8 Date 18/08/2016 - 14:13

Economy News / Continue ...

Gold rose in Asian trading on Thursday, heading towards record fourth consecutive session of gains, after it showed the Federal Reserve Meeting Minutes for July that a few members of the committee making the monetary policy of the Central Bank of the US warn about raising interest rates soon.

The price of gold climbed to 0.37 percent in online transactions to $ 1353.11 an ounce (an ounce) by at 03:25 GMT.

And deliver the precious metal is also supported by the dollar index, which measures the US currency's value against a basket of six major currencies, near its lowest level in seven weeks hit Tuesday.

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