KONTAN.CO.ID - JAKARTA. Gold edged higher on Thursday after a three-day losing streak buoyed by a dip in Treasury yields, but gains were capped by a firmer dollar while investors looked for more economic cues that could influence rate hikes. Spot gold rose 0.2% to $1,763.85 per ounce, as of 1443 GMT, having slipped to $1,759.17 on Wednesday, its lowest since Aug. 3. U.S. gold futures rose 0.1% to $1,777.50 per ounce. Investors continued to digest minutes from the U.S. Federal Reserve's July meeting released on Wednesday.
Gold Ticks Up on Lower Yields; Firm Dollar Caps Gains
KONTAN.CO.ID - JAKARTA. Gold edged higher on Thursday after a three-day losing streak buoyed by a dip in Treasury yields, but gains were capped by a firmer dollar while investors looked for more economic cues that could influence rate hikes. Spot gold rose 0.2% to $1,763.85 per ounce, as of 1443 GMT, having slipped to $1,759.17 on Wednesday, its lowest since Aug. 3. U.S. gold futures rose 0.1% to $1,777.50 per ounce. Investors continued to digest minutes from the U.S. Federal Reserve's July meeting released on Wednesday.