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Gold Steadies Near 1-1/2-Week Low As Dollar Halts Advance

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold stood near its lowest level in 1-1/2 week on Tuesday, following sharp losses overnight, as the dollar halted its advance helping some demand on gold as an alternative investment. The precious metal hit a low of $1259.23 an ounce, while currently trading around $1264.97 from the opening at $1263.85.[​IMG]

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