Gold prices firm as tepid dollar lends support

Gold prices edged higher on Monday, helped by a softer dollar while investors looked forward to speeches by Federal Reserve policymakers due this week for further clues on the U.S. central bank’s approach to inflation.

Spot gold rose 0.2% to $1,953.37 per ounce by 0334 GMT.

U.S. gold futures inched 0.1% lower to $1,960.50.

The dollar index was down 0.1% against its rivals, making gold more attractive for buyers holding other currencies.

Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.

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