Gold declines for second session, dollar hits year peak

2018-08-10 08:30:11 GMT (

Gold futures titled lower in Asian trade as the dollar index scaled July 11, 2017 highs, ahead of crucial US consumer prices data later today. 


As of 06:59 GMT, gold futures due in December retreated 0.30% to $1,216.20 an ounce, while the dollar index rose 0.51% to 95.99 against an array of major rivals, marking year highs. 


Now markets await US data on consumer prices, expected to have increased by 0.2% in July, up from 0.1% in June, while core prices are estimated with a 0.2% rise, same as before. 

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