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 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