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Gold Resumes Drop As Equities, Dollar Rise

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold dropped for a third straight session as the rise in equities and dollar pressured bullion price, ahead of the European Central Bank's monetary policy meeting. The precious metal hit a low of $1244.80 an ounce, resuming its drop from a 13-month high of $1279.45 hit last week, while currently trading around $1250.03.[​IMG]

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