Gold News

The dollar hovered near recent lows against the euro, weighed down by a recovery in risk appetite as stock markets in the region added to their recent gains

Gold inches up slightly on a weak Dollar and traders seeking security

The dollar hovered near recent lows against the euro, weighed down by a recovery in risk appetite as stock markets in the region added to their recent gains

Gold inched higher on Monday as the dollar stayed weaker, underpinning investors’ demand for bullion as a hedge against the U.S. currency. The dollar hovered near recent lows against the euro, weighed down by a recovery in risk appetite as stock markets in the region added to their recent gains. Japan’s Nikkei share average .N225 hit a six-week high on Monday, boosted by hopes for better-than-expected Japanese corporate results. Gold is trading at $956 as 10:00am, London Time.

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