Dollar's gain is gold's loss as it hits 9-1/2 month low – CNBC
CNBC |
Dollar’s gain is gold’s loss as it hits 9-1/2 month low
CNBC Gold prices tumbled to 9-1/2 month lows on Friday, heading for a for a third consecutive weekly decline as investors sold on factors including expectations of a U.S. interest rate rise. Spot gold was up 0.3 percent at $1,187.20 an ounce at 8:35 a.m EDT … Gold Recovers From Nine-Month Low as Dollar’s Rally Fizzles PRECIOUS-Gold edges lower on dollar and US rate hike prospects Gold prices buckle under the mighty dollar |
