Gold prices steady after hitting 2-week high on dollar retreat

Gold steadied on Tuesday as the U.S. dollar stabilized after a slide in the previous session that drove greenback-priced bullion to its highest level in two weeks. Spot gold held its ground at $1,852.84 per ounce, as of 0048 GMT, after scaling to its highest since May 9 at $1,865.29 on Monday. U.S. gold futures gained 0.3% to $1,852.40.

Gold prices steady after hitting 2-week high on dollar retreat
Gold steadied on Tuesday as the U.S. dollar stabilized after a slide in the previous session that drove greenback-priced bullion to its highest level in two weeks. Spot gold held its ground at $1,852.84 per ounce, as of 0048 GMT, after scaling to its highest since May 9 at $1,865.29 on Monday. U.S. gold futures gained 0.3% to $1,852.40.