Stock Market News

Gold inches up on weaker dollar

Gold prices edged higher on Thursday, supported by a weaker dollar amid ongoing concerns about a trade war between the United States and its allies.

* Spot gold was 0.1 percent higher at $1,296.91 per ounce by 0124 GMT.

* U.S. gold futures for August delivery were nearly unchanged at $1,301.30 per ounce.

* The dollar index , which measures the greenback against a basket of six major currencies, fell 0.2 percent to 93.497.

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