Gold stalls but seen heading higher

Gold prices were slightly softer on Tuesday, but analysts said a fundamentally weaker dollar and stronger demand from investors, jewellery makers and central banks could push prices higher in the future.

Spot gold was at $666.90/667.60 an ounce by 1125 GMT from $670.60/671.30 in Europe late on Monday, when it hit a seven-month high of $673.20, about $3 short of strong technical resistance at $676.

Read more at Reuters South Africa