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Gold Resumes Rebound From 2-Week Lows As Dollar Halts Gains

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold resumed its rebound from 2-week lows on Wednesday as the dollar halted, thereby boosting the appeal of the metal as an alternative investment. The precious metal hit a high of $1274.40 an ounce, while currently trading around $1271.82 from the opening at $1265.68. The dollar index, which tracks the[​IMG]

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