Sumber: Liputan6. Com
Gold futures prices on the Comex division of the New York Mercantile Exchange closed higher in Wednesday trading, as a weaker US dollar provided support for bullion.
Xinhua launched, Thursday, August 23, 2018, the most active gold contract for December delivery rose USD3.3 or 0.28 percent to USD1,203.3 per ounce.
While other precious metals, silver for September delivery fell 1.6 cents or 0.11 percent to USD14.75 per ounce. Platinum for October rose USD0.7 or 0.09 percent to USD793.7 per ounce.
The US dollar index, which measures money against six rivals, fell 0.16 percent to 95.05. Gold usually moves in the opposite direction with the US dollar, which means if the dollar falls, gold futures will rise because of gold. Prices in US dollars are cheaper for investors who use other currencies.
The dollar index, which measures the greenback against six major currencies, fell 0.11 percent to 95.1447 at 3:00 pm local time.
The Federal Reserve is considering another rate hike at the July 31 to August 1 meeting, according to minutes of the meeting revealed on Wednesday.
In late New York trade, the euro rose to 1.1588 dollars from 1.1572 dollars in the previous session, and the British pound rose to 1.2912 dollars from 1.2902 dollars in the previous session. The Australian dollar fell to 0.7345 dollars from 0.7365 dollars.
The US dollar bought 110.57 Japanese yen, higher than 110.41 Japanese yen in the previous session. The US dollar fell to 0.9834 Swiss francs from 0.9852 Swiss francs, and dropped to 1.005 Canadian dollars from 1.3044 Canadian dollars