Gold Prices Hover Near Six-Month Low As Dollar Firms

Gold prices sat near a more than six-month high low hit in the previous session, as the dollar firmed amid easing risk aversion and expectations of further interest rate hikes by the U.S. Federal Reserve.

Spot golddipped 0.1 percent to $1,257.81 an ounce, as of 0045 GMT. It touched its lowest since mid-December at $1,254.16 in the prior session.

U.S. gold futures for August delivery were nearly unchanged at $1,259.70 per ounce.

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Suhani Verma

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