Gold slips as strong dollar keeps up pressure on prices – Reuters
Reuters |
Gold slips as strong dollar keeps up pressure on prices
Reuters Trump’s victory boosted the dollar and sparked a sharp rally in bond yields, lifting the opportunity cost of holding non-yielding gold and blunting investors’ appetite for the metal. “The market has carried the theme of higher dollar, yield and stocks … PRECIOUS-Gold slips as strong dollar keeps up pressure on prices Gold starts 2017 on positive note |
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