Gold firm on lower dollar

By Reuters, London
15 August 2016, 18:00 PM
UPDATED 16 August 2016, 00:00 AM
Gold rose on Monday as the dollar edged lower after sluggish US retail sales data lowered expectations of a US interest rate increase this year.

Gold rose on Monday as the dollar edged lower after sluggish US retail sales data lowered expectations of a US interest rate increase this year.
Data on Friday showed US retail sales were unexpectedly flat in July, signalling a moderation in consumer spending.