Gold gave up early gains to trade flat on Monday as a stronger dollar offset safe-haven bids after Greece and its creditors failed to strike a deal to avert a debt default.
The metal traded in a narrow range as markets waited for a Federal Reserve policy meeting later this week for clues on the outlook for US interest rates.
Spot gold was flat at $1,181.30 an ounce by 0314 GMT, after earlier climbing to a session high of $1,186.20. The dollar rose 0.3 per cent against a basket of major currencies.
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The metal traded in a narrow range as markets waited for a Federal Reserve policy meeting later this week for clues on the outlook for US interest rates.
Spot gold was flat at $1,181.30 an ounce by 0314 GMT, after earlier climbing to a session high of $1,186.20. The dollar rose 0.3 per cent against a basket of major currencies.
Visit Here http://www.epicresearch.co/commodity-tips CONTACT US : +91 731 6642300Facebook Twitter Google+
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