London, December 27 (QNA) – Gold prices rose on Tuesday as a dip in the dollar made bullion less expensive for buyers holding other currencies, although trading was thin after the weekend.
Spot gold was up 0.4% at $1,804.99 per ounce. US gold futures rose 0.4% to $1,811.90.
The dollar index slipped 0.3% against its rivals.
Gold has risen nearly $200 since falling to a more than two-year low in late September, as expectations about slower interest rate hikes from the US Federal Reserve dimmed the dollars allure. (QNA)
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