Gold down as dollar strengthens
Gold fell in Asia on Tuesday morning, while the U.S. dollar rose, despite persistent inflation concerns, which saw the yellow metal trade near to a more than one-week high achieved
Gold fell in Asia on Tuesday morning, while the U.S. dollar rose, despite persistent inflation concerns, which saw the yellow metal trade near to a more than one-week high achieved
Gold rose in Asia on Monday morning. It reached a near two-week high as the dollar fell. This offset speculation that the US Federal Reserve would begin asset tapering shortly.
Oil dipped to approximately $78 a barrel on Friday amid speculation that OPEC+ producers could increase output to alleviate supply concerns. However, oil remained close to a three-year high set
Gold should end September at almost $90 lower. Analysts predict a washout if the price falls below $1,700 per ounce. According to economists, the two-punch combo of rising US Treasury
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