Gold prices inched higher on Monday as hopes of easing trade tensions between the United States and China put pressure on the dollar, adding to demand for the yellow metal that improved last week after prices touched 19-month lows. The metal fell 2.2 percent last week, marking the sixth consecutive weekly decline. It was also the worst weekly performance since December. Gold has tumbled over 13 percent from its April high as a rally in the greenback made dollar-priced bullion more expensive for buyers using other currencies. For More Information Please Visit : www.dollaradvisory.com and Call : 9111179961Gold prices inched higher on Monday as hopes of easing trade tensions between the United States and China put pressure on the dollar, adding to demand for the yellow metal that improved last week after prices touched 19-month lows. The metal fell 2.2 percent last week, marking the sixth consecutive weekly decline. It was also the worst weekly performance since December. Gold has tumbled over 13 percent from its April high as a rally in the greenback made dollar-priced bullion more expensive for buyers using other currencies. For More Information Please Visit : www.dollaradvisory.com and Call : 9111179961
No comments:
Post a Comment