Gold gains in early trades

Mubasher: Gold prices increased early Friday after three straight declines as the dollar fell against a basket of currencies.

Future contracts of the precious metal edged up 0.25% to $1,133.5 per ounce by 07:30 GMT, while spot gold prices increased 0.22% to 1,134.28 per ounce.

Still, gold is seen on track to record its seventh straight weekly loss.

In the meantime, the dollar index slipped 0.15% against a basket of major currencies.

Mubasher Contribution Time: 23-Dec-2016 09:03 (GMT)
Mubasher Last Update Time: 23-Dec-2016 09:03 (GMT)