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GOLD prices inched up yesterday as the dollar eased and a rally in equities paused, while investors kept a close watch on Sino-US trade talks.
Spot gold gained 0,2 percent to $1 291,90 per ounce by 0100 GMT.
US gold futures were up 0,1 percent at $1 296,30 an ounce.
Asian shares paused near an eight-month peak as investors awaited developments on trade talks between the United States and China, who appear closer to signing a deal.
ALL SHARE
The All Share index marginally retreated by 0.04 points to 0,03 percent to close at 121.52 points as heavyweight counters lost ground. Seed producer SeedCo lost $0,0100 to trade at $1,4200, Econet traded $0,0062 lower at $1,0938 and Cassava Smartech dropped $0,0025 to settle at $1,0002. Other losses were in Bindura which went down by $0,0024 to $0,0610 with Ariston and Delta both down $0,0003 to close $0,0290 and $2,2700 respectively.
Losses were partially offset by gains in Meikles which traded $0,0250 higher at $0,4900, Innscor was up $0,0100 to close at $1,3300 and Padenda moved up $0,0097 to close at $0,9618. First Mutual Properties added $0,0008 to $0,0600 and Old Mutual inched up $0,0004 to settle at $8,0000.
Online Reporter