2020.09.1012:06:00UTC+00Gold Futures Flat As Markets Await ECP Policy Announcement

Gold prices are swinging between gains and losses in a very narrow range Thursday morning as traders await European Central Bank's monetary policy announcement, due later in the day.

A weak dollar is supporting the yellow metal a bit. The dollar index is down 0.12% at 93.14.

Gold futures for December are down slightly at $1,954.30 an ounce, moving between $1,950.50 and $1,960.40.

Silver futures for December are rising $0.247 or 0.91% at $27.330 an ounce.

Data on U.S. jobless claims, wholesales sales and Conference Board's Coincidence Index and Leading Index are also due later in the day.