Gold moves little after marking four-week highs

Economies.com
2018-06-15 04:00AM UTC

Gold prices moved little on Friday after marking solid gains yesterday to four-week highs, before trimming the gains due to dollar's strength. 

 

The European Central Bank voted to maintain its monetary policy and interest rates unchanged while extending the bonds purchase program for three more months. 

 

The meeting bashed euro lower versus dollar, in turn weighing on dollar-denominated gold futures. 

 

Gold last traded at $1,301.49 an ounce, compared to the opening of $1,301.08, with a session-low at $1,300.25, and a high at $1,303.13. 

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