November 25, 2020
Business News

Gold Price Outlook: Rising US Dollar Sinks XAU/USD, Will Losses Extend? – DailyFX

Crart created with TradingView
Gold Fundamental Outlook: Neutral

  • Gold prices suffered as the US Dollar gained ground
  • Falling Treasury yields could yet offer some cushion
  • All eyes turn to US fiscal stimulus, non-farm payrolls

Gold prices fell the most since August last week despite further losses in the S&P 500 on Wall Street. The anti-fiat yellow metal struggled in an environment where the US Dollar was rising, and risk aversion placed a greater premium for…

Click here to view the original article.

Related Posts

You might also like ...

Live-Streaming Influencers Attract 150,000-Plus Viewers with 24-Hour Relay on Twitch
AON Splash Image
PrimeEnergy Resources Corporation Announces Third Quarter Results
Samenvatting: iHeartMedia en Podimo werken samen om wereldwijd populaire podcasts voor luisteraars te vertalen en aan te passen