Gold Prices Rise Despite Stronger Dollar

Gold Prices of safe-haven gold moved slightly higher on Wednesday morning in Asia after an overnight dip.For April delivery on the Comex division of the New York Mercantile Exchange were up 0.24% to $1,287.85 a troy ounce by 11:05 PM ET (4:05 AM GMT) on Wednesday morning.The yellow metal recovered despite a firmer dollar, which was supported by data out on Tuesday that showed a rebound in U.S. housing and services activity. The data eased concerns over a slowdown in the world’s biggest economy.

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