USD 63.9542

0

EUR 71.1299

0

BRENT 59.29

0

AI-92 42.26

-0.01

AI-95 46.03

0

AI-98 51.77

-0.02

Diesel 46.25

+0.06

18

Gold Surged $5 On Dollar's Weakness

Gold bounced back on Monday, on the back of a slide in the dollar and firm crude oil prices

Gold bounced back on Monday, on the back of a slide in the dollar and firm crude oil prices, but the precious metal lacked the momentum to challenge the $800 yen level, while Tokyo futures gave up some gains as the yen inched higher.

Spot gold rose to $789.00/789.60 an ounce as of 0643 GMT, from $784.80/$785.50 in late New York, but was down from an intraday high of about $793.90.

Suzuki said the gold market was still going through a correction after it rallied nearly $200 since mid-August.