Monday, 25 June 2018

Gold Edges Lower As Dollar Firms; Trade Tensions Limit Downside

Gold prices above six-month lows hit last week. Gold prices edged lower on Monday, pressured by a strong U.S. dollar amid prospects of higher interest rates, while global trade tensions kept the metal buoyed above a six-month low hit last week. Gold prices are very much influenced by the dollar movement rather than anything else. It's less of a safe-haven demand into gold but rather a reaction to USD strength. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

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