Thursday, May 25, 2017

PRECIOUS-Gold dips as dollar steadies after oil price slump

May 26 (Reuters) - Gold edged lower early Friday as the dollar steadied due to weakness in commodity currencies after an extension of output curbs by OPEC and other producing nations left investors hoping for bigger cuts disappointed. FUNDAMENTALS * Spot gold was down 0.2 percent at $1,253.10 per ounce by 0110 GMT. The yellow metal was poised to dip 0.1 percent for the week. * U.S. gold futures slipped 0.2 percent to $1,254.2 an ounce. * The

by reutersCOMPANYNEWS via Endless Supplies .Biz - News

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