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Gold price holds steady as dollar eases

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Gold price held steady on Tuesday as the dollar eased after reports that two former aides of US President Donald Trump were charged by federal authorities probing Russian interference in the 2016 election.

Spot gold was little changed at $1,276.32 per ounce at 1254 GMT. The yellow metal has shed about 0.2 per cent so far in October, in what could be its second straight monthly decline.

US gold futures for December delivery were little changed at $1,277.30, reports Reuters.

The dollar index against a basket of currencies held on to its losses from the previous session, when it fell about 0.4 per cent.

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