Gold Tormented by Mighty Dollar as Price Sinks to Nine-Month Low – Bloomberg
Bloomberg |
Gold Tormented by Mighty Dollar as Price Sinks to Nine-Month Low
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 hits 9.5-month low on firm dollar; set for third weekly loss |