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Gold hits 2-week high on dollar weakness, weak China data, trade worries

Updated : June 14, 2018 06:58 PM IST

The dollar edged back against the euro as speculation grows the European Central Bank (ECB) will signal an end date for its vast stimulus programme at its policy meeting, giving back all its gains following Wednesday's Fed meeting.
A weak dollar makes dollar-priced gold cheaper for non-US investors.
US gold futures for August delivery rose 0.6 percent to $1,308.90 per ounce.
Gold hits 2-week high on dollar weakness, weak China data, trade worries

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