Gold dips on increased risk appetite; U.S. rate outlook - Dealers Care

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Tuesday, 2 October 2018

Gold dips on increased risk appetite; U.S. rate outlook

By Arpan Varghese BENGALURU (Reuters) - Gold fell on Monday as investors favored riskier assets after the United States and Canada salvaged NAFTA as a trilateral trade pact with Mexico, while expectations that a strong U.S. economy would lead to higher borrowing costs also influenced sentiment. Spot gold was down 0.3 percent at $1,188.25 per ounce by 11:42 a.m.

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