Gold settles lower as dollar taps 8-month high – MarketWatch
MarketWatch |
Gold settles lower as dollar taps 8-month high
MarketWatch The data helped the ICE U.S. Dollar Index DXY, +0.08% touch its highest level in eight months, with the index up 0.1% by gold’s settlement, at 98.794 after a high of 98.846. The dollar and gold often move inversely because a firmer buck leaves dollar … PRECIOUS-Gold eases as dollar jumps to fresh near 9-month high Money Managers Bail on Gold, Bracing for Higher Rates Gold little changed, strong U.S. dollar still weighs |
