Gold sinks to multimonth lows as dollar index jumps to one-year high – MarketWatch
MarketWatch |
Gold sinks to multimonth lows as dollar index jumps to one-year high
MarketWatch “Gold is still facing considerable headwind: the U.S. dollar is continuing to appreciate, rising this morning to its highest level against the euro since the beginning of January,” said Carsten Fritsch and his commodities team, at Commerzbank, in a note. Gold price drops again – $1200 in sight Gold hits 5-1/2 month low on strong dollar, Treasury yields Gold At 5.5-Mo. Low On Bearish Outside Mkts, Upbeat Risk Appetite |