Gold Prices Edge up as U.S. Dollar Slips:: (WWW.COMMODITYBAZAAR.CO)

Gold prices edged up on Tuesday in Asia as the U.S. dollar fell.

Gold futures for February delivery on the Comex division of the New York Mercantile Exchange traded 0.3% higher at $1,252.70 a troy ounce by 1:24 AM ET (05:24 GMT).

The yellow metal notched its biggest weekly gain since August last week.

A fourth rate hike for this year is expected next week, but the road from there is unclear. While Fed policymakers have pointed to three increases in 2019, the market is only anticipating one.

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