Gold Continues to Rally on Soft Dollar, Equity Markets

Precious Metals

Reuters reported that gold got a boost on Thursday as both the dollar and the equity markets moved down.

Reuters reported that gold got a boost on Thursday as both the dollar and the equity markets moved down.

As quoted in the market report:

Spot gold had climbed 0.2 percent to $1,390.36 an ounce by 0634 GMT. It closed up on Wednesday after earlier losses, as U.S. stock markets dropped sharply.

To view the whole Reuters report, click here.

 

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