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By 0615 GMT, it had stabilized gold prices In spot transactions at $1817.01 an ounce. US gold futures prices changed little to $1816.90 an ounce.
Gold prices are expected to decline for the third month in a row, and have fallen by 6.2 percent this quarter.
Matt Simpson, chief market analyst at City Index, said:U.S. dollar He played a role in gold’s underperformance, but noted that gold priced in other currencies wasn’t doing too badly.
The dollar is hovering near two-decade highs and could post its best quarter in more than five years, making dollar-priced gold more expensive for buyers holding other currencies.
Among other precious metals, it rose Silver In spot transactions, 0.4 percent to $ 20.80 an ounce, while platinum settled at $ 917.18 and palladium increased 0.9 percent to $ 1979.88.
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By 0615 GMT, it had stabilized gold prices In spot transactions at $1817.01 an ounce. US gold futures prices changed little to $1816.90 an ounce.
Gold prices are expected to decline for the third month in a row, and have fallen by 6.2 percent this quarter.
Matt Simpson, chief market analyst at City Index, said:U.S. dollar He played a role in gold’s underperformance, but noted that gold priced in other currencies wasn’t doing too badly.
The dollar is hovering near two-decade highs and could post its best quarter in more than five years, making dollar-priced gold more expensive for buyers holding other currencies.
Among other precious metals, it rose Silver In spot transactions, 0.4 percent to $ 20.80 an ounce, while platinum settled at $ 917.18 and palladium increased 0.9 percent to $ 1979.88.