FOX LIVE NEWS UPDATE
PRECIOUS-Gold price eases on firm dollar ahead of central bank meetings
July 30 (Reuters) – Gold prices slipped on Monday as the dollar stood tall against its peers ahead of key central bank meetings and U.S. inflation and payrolls data this week.
Spot gold XAU= was down about 0.3 percent at $1,219.91 an ounce at 0335 GMT. U.S. gold futures GCcv1 were 0.3 percent lower at $1,219.10 an ounce.
The dollar rose slightly in Asia against major rivals on Monday, as market participants awaited central bank meetings this week, which could set the near-term course for currencies. FRX/
The greenback also traded close to a 13-month high versus China’s yuan CNH= CNY= .
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