# Dubai gold prices steady amid firmer dollar | Khaleej Times

> Gold prices were little changed on Monday near the previous session's low, weighed by a firmer dollar and expectations of several Fed rate hikes. Spot gold traded near $1,275.63 an ounce after a 0.7% drop on Friday caused by rising Treasury yields.

- Date: 2017-11-13 · published 2017-11-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/67902-dubai-gold-prices-steady-amid-firmer-dollar-khaleej-times
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar and rising yields are signals that tend to pressure dollar-priced commodities. Feed buyers should watch the Fed path for dollar direction.

## Read by commodity

- DXY: bullish ▲

## Sources

- khaleejtimes.com: https://www.khaleejtimes.com/business/markets/dubai-gold-prices-steady-amid-firmer-dollar

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.