Gold Prices Drop on Rising Dollar

Precious Metals

Reuters reported that gold prices fell as positive economic data boosted the dollar.

Reuters reported that gold prices fell as positive economic data boosted the dollar.

As quoted in the market news:

Spot gold narrowed its losses by 1:18 p.m. EDT/5:18 p.m. GMT to $1,652.21 an ounce from $1,660.40 late Monday, having slid by nearly 3 percent so far this month.

Click here to read the full Reuters report.

The Conversation (0)
×