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Gold Climbs Higher As US Dollar Eases

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“With gold still close to a 1-1/2 year low of $1,159.96 an ounce touched last month. There is little room for prices to fall, Julius Baer analyst Carsten Menke said. Gold has tumbled more than 12 percent from a peak in April as the dollar rose to 14-month highs and investors turned against the metal. Trade concerns continue to support the greenback, with a deadline looming in the U.S.-China trade dispute and a refusal by Canada to bow to key U.S. demands in its trade talks with Washington.”

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