Gold Slides Below $1,500/Oz as Dollar Strengthens

Precious Metals

Reuters reported that a stronger dollar pushed gold prices below $1500 per ounce.

Reuters reported that a stronger dollar pushed gold prices below $1500 per ounce.

The market news is quoted as saying:

Spot gold was bid at $1,495.06 an ounce at 1338 GMT, against $1,499.53 late in New York on Friday. U.S. gold futures for August delivery GCv1 fell $4.70 an ounce to $1,496.20.

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