Economy Gold prices rise as dollar slips to lowest in nearly three weeks Updated : April 17, 2018 01:37 PM IST Spot gold had gained 0.2% to $1,347.81 an ounce by 0707 GMT, while U.S. gold futures were steady at $1,350.60 an ounce. The dollar index, which measures the greenback against a basket of currencies, eased to a low of 89.270 earlier in the session, its weakest since March 28. Gold is often seen as an alternative investment at times of political and financial uncertainty. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.