Gold Retreats As Dollar Resumes Rebound After NFP

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Gold retreated on Monday, after dropping last week, as the dollar’s strength dented the appeal of the yellow metal as an alternative investment. The precious metal hit a low of $1277.16 an ounce, while currently trading around $1278.55 from the opening at $1284.00. The dollar index, which tracks the green[​IMG]

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