Gold Prices Up As Dollar Weakens

Precious Metals

Bloomberg reported that gold prices increased as traders looked for an investment haven to counter a weaker dollar.

Bloomberg reported that gold prices increased as traders looked for an investment haven to counter a weaker dollar.

As quoted in the market news:

Gold for April delivery advanced 0.5 percent to $1,733.50 an ounce by 7:59 a.m. on the Comex in New York. Prices fell 0.9 percent last week. Bullion for immediate delivery was 0.5 percent higher at $1,731.23 in London.

Click here to read the full Bloomberg report.

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