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Gold Retreats On Weak Physical Demand, Dollar's Soar

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold retreated from a 1-1/2-week high hit on Wednesday, amid weak physical demand from large buyers in Asia and as the dollar soared. The precious metal slipped to a low of $1097.11 an ounce, while currently trading around 1099.20, compared to the session's opening at $1100.92. The rise in domestic[​IMG]

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