The price of gold in Asia is under pressure as the US dollar stabilises following a series of down days for the greenback. XAU/USD is trading around $1,820 and down some 0.1% while the DXY index attempts to correct from the depths of the late December to YTD sell-off. The US dollar, as measured by the DXY index, sold off from 96.90 to a recent low of 94.66. In as many weeks, XAU/USD has climbed over 4%. However, in what could be more of a technical move, the yellow metal had failed to capitalise on the fall of US yields and the greenback on Thursday. DXY dropped 0.4% and the US 10-year yield was down 2.5bps at ... (full story)