Metals Stocks: Gold prices settle at their lowest level of the year as the dollar index climbs toward a 20-year high

Gold on Tuesday fell below the key $1,800-an-ounce level to settle at its lowest price so far this year, while silver futures ended at a two-year low, on back of a rise in the U.S. dollar index toward a 20-year high.

Price action
What analysts are saying

Naeem Aslam, chief market analyst at AvaTrade, blamed the dollar’s moves for driving price action in gold.


Read More

Leave a Reply

Your email address will not be published.