Gold Trades Near Seven-Week High On Weaker Dollar

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 12, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Precious-Gold traded near its highest level in seven weeks on Monday as the dollar plunged to a three-week low on expectations the Fed would delay its liftoff to 2016. The yellow metal hit a high of $1166.60 an ounce, while it currently trading at $1164.15, after opening at $1155.15. FOMC[​IMG]

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