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Gold prices eased on Friday after rallying to a one-week high above the key $1,750 level in the previous session, as the dollar rebounded and made the metal expensive for holders of other currencies.
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Gold prices were unchanged in early Asian trade on Wednesday, as the precious metal was caught between a firmer dollar and safe-haven demand driven by the delta coronavirus variant fears.
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Gold Price Today: Yellow metal edges higher, experts say buy on dips for target of 48,200
Gold was trading higher in the Indian markets on August 4, tracking a positive trend in international spot prices on a subdued dollar.
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Oil Down, COVID-19 Concerns Cloud Fuel Demand Outlook
Oil was down Tuesday morning in Asia, as COVID-19 concerns alongside slowing manufacturing activity in the U.S. and China dimmed the fuel demand outlook.
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