Gold retreats, but holds above $1250 – MarketWatch
MarketWatch |
Gold retreats, but holds above $1250
MarketWatch June gold GCM7, -0.37% was off $6, or 0.5%, at $1,251.30 an ounce, with the metal above a significant technical level of $1,250. The dollar, as measured by the ICE U.S. Dollar Index DXY, -0.14% was flat, but holding up above 100, most recently at 101.19. PRECIOUS-Gold prices steady, geopolitical tensions support Gold rate today: Market scenario for the day Gold steady as dollar picks up |