Gold nears five-month peak as dollar, stocks decline
Updated : December 06, 2018 11:38 PM IST
Traders' attention is now turning to Friday's non-farm payrolls report, which is also likely to be on the US central bank's radar.
The dollar fell about 0.5 percent as US Treasury yields tumbled and traders scaled back expectations on the number of hikes the Fed would implement amid weakening economic data and market volatility.
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