But strong dollar may cap the upside in the short term

Gold remained under pressure, as expected, almost all through last week. But the geo-political tensions that was reignited on Friday, helped the yellow metal recover from the week’s low. Gold fell to a low of $1,260.7 per ounce on Friday and recovered from there to close at $1,276.7, down 0.2 per cent for the week. Reports on North Korea planning to test a long-range missile that could reach the w...