Gold Hits Four-Month High As Dollar Index Slumps To Three Year-Lows

Gold prices on Monday hit their highest since September, buoyed by a weaker U.S. dollar, which slumped to three-year lows against a basket of currencies. Spot gold was up 0.2 percent at $1,340.72, after touching its strongest since Sept. 8 at $1,342.06. Spot gold rose for a fifth straight week last week, gaining 1.4 percent. U.S. gold futures were up 0.4 percent at $1,340.80 an ounce. For Any More Information About Commodity Market Tips Please Visit : www.paceresearchindia.com and Call : 8817774774