Muscular Greenback Edges Out Gold

Market News

Gold Investing News reports the US dollar’s rally has hit gold price. The yellow metal often moves inversely to the U.S. dollar because gold is seen as an alternative to the greenback. The dollar advanced against its major rivals Friday in New York as the rally in riskier currencies broke down ahead of key policy …

Gold Investing News reports the US dollar’s rally has hit gold price.

The yellow metal often moves inversely to the U.S. dollar because gold is seen as an alternative to the greenback. The dollar advanced against its major rivals Friday in New York as the rally in riskier currencies broke down ahead of key policy meetings next week.

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