World Economy

Gold Eases

Gold EasesGold Eases

Gold eased on Wednesday from the previous day’s 6-week peak as the dollar rose to a one-week high against a basket of currencies, with signs of softening physical demand also pressuring the metal, Reuters reported. Spot gold was down 0.3% at $1,245.60 an ounce at 0956 GMT, while US gold futures for December delivery were down $5.50 an ounce at $1,246.20.