Gold Gains as US Dollar Slips, but Dollar Strength Drives a Fourth Straight Weekly Loss | Metals Mine

  • Gold Gains as US Dollar Slips, but Dollar Strength Drives a Fourth Straight Weekly Loss

    From thegoldforecast.com

    Gold pushed higher on Friday, drawing support from a softer U.S. dollar after this week's inflation data nudged rate-hike expectations a touch lower. Yet for all of the day's firmness, bullion remains on course for its fourth consecutive weekly decline — a useful reminder that one constructive session does not reverse a trend. Spot gold rose about 1.3% to trade near $4,077 an ounce, while August futures settled 1.2% higher at $4,096.30. The dollar eased from recent highs following Thursday's release of the Federal Reserve's preferred inflation gauge. The Personal Consumption Expenditures Price Index climbed 4.1% ... (full story)

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XRP
9 hr ago
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Another critical video to watch.

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Trader#79CA
8 hr ago
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So, green candles of few hours you call a GAIN. LOL. How has forex factory accept this articles? It is the another lol
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Trader#AD61
3 hr ago
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It's real or fake news
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SOumyajit200
3 hr ago
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S
It's news real or fake
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SOumyajit200
3 hr ago
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It's possible
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Geepips
9 hr ago
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Yeah. But then another news comes in. In favor of USD, Gold slips again. What's new?
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