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Gold prices flat as traders seek direction from U.S. debt talks
Gold prices flat as traders seek direction from U.S. debt talks
Gold prices were flat in early Asian trade on Thursday as markets focused on the U.S. debt-limit negotiations. A firmer dollar capped gains after traders dialed back expectations of a rate cut this year by the Federal Reserve. Fundamentals include: spot gold steadied at $1,982.85 per ounce by 0046 GMT, while U.S. gold futures were also listless at $1,985.30. The dollar index held firm after hitting a seven
Gold prices were flat in early Asian trade on Thursday as markets focused on the U.S. debt-limit negotiations. A firmer dollar capped gains after traders dialed back expectations of a rate cut this year by the Federal Reserve. Fundamentals include: spot gold steadied at $1,982.85 per ounce by 0046 GMT, while U.S. gold futures were also listless at $1,985.30. The dollar index held firm after hitting a seven