Gold Prices Dip In Asia Despite Support From A Weaker Dollar, Japan Wages

Gold prices fell slightly in Asia on Tuesday even as a weaker dollar offered some support and Japan wages data showed a surprise upside.
Gold futures for February delivery on the Comex division of the New York Mercantile Exchange dipped 0.05% to $1,319.70 a troy ounce. The US dolalr index fell 0.11% to 91.98.
Japan reported average cash earnings for November jumped 0.9%, well above the 0.6% expected and overtime pay soared 2.60% compared to a 0.60% rise seen.
Gold prices eased from near-four-month highs amid dollar strength as investors remained optimistic on the pace of US monetary policy tightening despite mixed signals from Fed officials. For More Information About Commodity Market Tips Please Visit : www.paceresearchindia.com and Call : 8817774774