(RTTNews) - The price of gold edged up Monday morning amid a relatively stable U.S. dollar.
Gold for August delivery, the most actively traded contract, inched up $3.10 to $1,545.50 an ounce. Last week, gold ended little changed amid disappointing economic data from the U.S.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at 1,212.87 tons.
Meanwhile, the U.S. dollar was leveling off from its monthly low versus the euro, while continuing to tick higher against sterling. The buck was edging up versus the Swiss franc, while slipping back to monthly-low against the yen.
Elsewhere, the price of silver ticked higher and platinum moved lower in morning deals.
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Sponsored Link: I don’t want to scare you… But right now, the U.S. government is doing something incredibly stupid, which could potentially cause a huge crisis in America, in the next few months. Watch the full investigative video here...
