Gold Steady As Dollar Hovers Below 2018 Peak

Gold prices were steady in early trade on Friday, as the dollar held below its 2018 highs against a basket of currencies after softer-than-expected U.S. inflation data.

Spot gold was steady at $1,321.93 per ounce at 0100 GMT, after rising to the highest since end-April at $1,322.76 in the previous session.

U.S. gold futures for June delivery were nearly unchanged at $1,322.10 per ounce.

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Suhani Verma

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