Commodities Gold steadies after hitting six-month low as trade fears boost dollar Updated : June 29, 2018 06:18 AM IST The trade tensions pushed the dollar to test a one-year high against a currency basket, before fizzling out as rising inflation in some German regions prompted traders to buy the euro. Spot gold edged up 0.1 percent to $1,253.10 an ounce at 1358 GMT. Earlier, it touched $1,248.21, its lowest since mid-December. Investors are positioning for a potentially fraught meeting of European Union leaders to discuss issues such as migration, Brexit and trade. 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.