PRECIOUS-Gold prices flat as dollar steady ahead of Fed speech
July 16, 2018 at 20:57 PM EDT
Gold prices were steady early on Tuesday as the U.S. dollar remained largely unchanged ahead of the U.S. Federal Reserve Chairman Jerome Powell's first congressional testimony. FUNDAMENTALS * Spot gold was steady at $1,239.60 an ounce at 0039 GMT, while U.S. gold futures for August delivery were unchanged at $1,239.70 an ounce. * The dollar index , which measures the greenback versus a basket of six major cur