Gold Holds Above $4,000

Gold gains modestly on softer USD Gold attracts buyers for a second straight day after dipping to the $3,983-$3,982 area. The intraday uptick is supported by a softer US Dollar, which tends to benefit the commodity. Rising geopolitical tensions and expectations o

Gold gains modestly on softer USD

Gold attracts buyers for a second straight day after dipping to the $3,983-$3,982 area.

The intraday uptick is supported by a softer US Dollar, which tends to benefit the commodity.

Rising geopolitical tensions and expectations of higher US interest rates may keep USD bears from placing aggressive bets.

Leave a Reply

Your email address will not be published. Required fields are marked *