Gold resumed this week’s slide in Wednesday action as the U.S. dollar continued to strengthen. “Gold prices have fallen to an 18-month low overnight as the ‘big’ dollar hit a 15-month high on risk aversion demand emerging from concerns about Turkey’s financial turmoil,” said Dean Popplewell, vice president of […]
You may also like
** BMO says the dramatic sell-off across metals and bulkcommodity markets seen recently is not fundamentally warranted ** From a fundamental perspective, […]
If you’re looking for a way to diversify your investment portfolio and hedge against risk, you might consider investing in precious metal […]
* Dollar falls to near two-week low * Net short position in gold for first time since 2016 – CFTC (Adds comment, […]
* Spot gold seen in $1,160-$1,238 range for next 4wks -technicals * Dollar index holds on to overnight losses * Investors wary […]