Bullion benefits from stock market trouble

23.12.2022

Gold edged up on Thursday, helped by a softer dollar in holiday-thinned trading, but prices moved in a tight range as market participants awaited economic data for further direction.

Spot gold rose 0.2% to $1,818.40 per ounce as of 0225 GMT. U.S. gold futures were up 0.1% at $1,827.70.

The dollar index...