Gold Prices Inch Up Amid Brexit Uncertainty, Subdued Dollar

Gold prices edged up in early Asian trade on Tuesday after hitting a two-week high in the previous session, amid political uncertainty over Brexit and as the U.S. dollar remained subdued.

Spot gold was up 0.1 percent at $1,258.12 an ounce at 0057 GMT. The metal touched its highest since June 26 at $1,265.87 on Monday.

U.S. gold futures for August delivery were 0.1-percent lower at $1,258.70 an ounce.

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Suhani Verma

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