Gold Inches Up as Physical Demand Offsets Stronger Dollar
Gold prices edged up on Wednesday as buoyant physical demand from major consumers China and India offset the impact of a stronger U.S. dollar.
Spot gold XAU= was up 0.3 percent at $1,162.68 an ounce by 0639 GMT. Prices touched their highest in three weeks on Tuesday at $1,163.52. U.S. gold futures GCcv1 climbed 0.1 percent to $1,163.20 per ounce.