Today's Edition
(REUTERS)
Gold prices edged higher on Thursday, boosted by a softer dollar and safe-haven demand.
Spot gold was up 0.4% at $5,192.28 per ounce, as of 0500 GMT. Bullion hit a more than three-week high on Tuesday.
US gold futures for April delivery were down 0.3% at $5,208.80.
The dollar began the day on the back foot while markets awaited details of the latest US tariffs on imports.
A softer greenback makes dollar-denominated gold cheaper for holders of other currencies.
The US tariff rate for some countries will rise to 15% or higher from the newly imposed 10%, US Trade Representative Jamieson Greer said on Wednesday, without naming any specific trading partners or giving further details.
Markets currently expect three 25-basis-point rate cuts from the Federal Reserve this year, according to CME's FedWatch Tool.
Investors awaited the weekly jobless claims data, due later in the day, for more clues on the Fed's monetary policy path.
Spot silver edged 0.1% lower to $89.29 per ounce, after climbing to a three-week high on Wednesday.
Spot platinum added 0.3% at $2,292.83 per ounce, while palladium lost 0.2% to $1,791.79. Both metals hit three-week highs in the previous session.
