Gold drops as the dollar recovers from its lowest level in 3 weeks



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Gold prices eased slightly earlier in the day, down slightly on Tuesday, as the US dollar rallied but losses limited lingering concerns over US-China trade and British political uncertainty over the secession of the European Union.

Gold fell 0.1% to $ 1256.79 an ounce after hitting its highest level since June 26th at $ 1265.87 in the previous session .

Gold fell 0.2% to $ 1257.40 an ounce for futures on US futures

John Sharma's economist at Bank of America Australia said the dollar was the main engine .

The dollar index, which measures the strength of the currency against a basket of six major currencies, rose 0.04% to 94,114 after falling to its lowest level since mid-June on Monday. .

Money rose 0.1% on spot transactions to $ 16.08 an ounce .

Platinum dropped 0.3% to $ 844.50 an ounce and palladium from $ 0.9 to $ 951.95 . [ad_2]
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