Gold hovers near four-month low, undermined by firm dollar – CNBC
CNBC |
Gold hovers near four-month low, undermined by firm dollar
CNBC “The recent drop in gold to a large extent reflects the market pricing in additional tightening from central banks,” Danske Bank analyst Jens Pederson said. “But we are at the lower end of the range for gold prices … It could be a buying opportunity … PRECIOUS-Gold hovers near four-month low, undermined by firm dollar Gold falls slightly as US dollar, equities gain ahead of Yellen testimony |
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