Gold prices extend gains as dollar sags after Trump remarks
Updated : August 21, 2018 06:53 AM IST
Spot gold was up 0.3 percent at $1,193.97.24 an ounce at 0054 GMT. It climbed 0.5 percent in the previous session.
The dollar index, which measures the greenback against a basket of six major peers, was down 0.4 percent at 95.494. The dollar was down 0.2 percent at 109.86 yen.
US businesses have a message for the Trump administration: New tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to first bicycles and wedding dresses to coffins.
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