Gold Slips As Dollar Strengthens Ahead Of Powell Testimony, FOMC Minute

Gold Slips As Dollar Strengthens Ahead Of Powell Testimony, FOMC Minute

Wednesday, July 10, 2019
Gold prices eased on Wednesday as the dollar climbed higher on expectations of a less dovish US Federal Reserve, ahead of a testimony from the its Chairman Jerome Powell.

Spot gold was down 0.4 per cent to $1,392.50 per ounce as of 0410 GMT. US gold futures slipped 0.4 per cent to $1,394.90 an ounce.

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