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Gold Retreats As Dollar Regains Momentum, US Data Eyed

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold retreated on Thursday as the U.S. dollar rose again, thereby denting the appeal of the metal as an alternative investment, ahead of U.S. economic data. The precious metal hit a low of $1269.77 an ounce, while currently trading around $1272.25 from the opening at $1277.14. The dollar index, which[​IMG]

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