• Gold heads higher for a second session as the dollar index declines

    12 days ago - By ETF Daily News

    From Myra P. Saefong : Gold futures headed higher for a second session on Tuesday, as a weaker dollar helped set prices up for their highest in more than a month.
    “With the dollar facing multiple headwinds in the form of falling U.S. Treasury yields and a Fed that seems to be adopting a dovish tone, this is all good news for zero-yielding gold,” said Lukman Otunuga, research analyst at FXTM, in a daily update. The appreciation in gold prices “continues to highlight how the yellow metal remains primarily influenced by the dollar's performance.”
    Prices also gained on Monday, as an apparent...
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