Gold Recovers From Nine-Month Low as Dollar's Rally Fizzles – Bloomberg
Bloomberg |
Gold Recovers From Nine-Month Low as Dollar’s Rally Fizzles
Bloomberg Gold is being tormented by the mighty dollar, with the precious metal sinking to a nine-month low as the prospect for higher interest rates from the Federal Reserve next month and in 2017 lifts the U.S. currency. Bullion for immediate delivery tumbled … PRECIOUS-Gold edges lower on dollar and US rate hike prospects Gold Falls to 9½-Month Low on Strong Dollar Gold price nears ten-month low and could fall to $1150 |