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Gold prices end Monday down

Gold prices end Monday down

Mubasher: Gold prices ended Monday’s session in red, amid dollar increase.

Prices of the precious metal were also affected by the outcome the Group 20 Summit 2018 that will take place in Argentina during the period between 30 November and 1 December, as political leaders will focus on global trade tensions.

Uncertainties related to Brexit and Italy are also helping build a base for gold.

By 07:12 pm GMT, gold spot prices inched down 0.09% at $1,221.99 per ounce.

Meanwhile, Dollar Index rose 0.13% at $97.07.