Gold Prices Dip As Dollar Strengthens And Economic Optimism Grows. - Business - Nairaland
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| Gold Prices Dip As Dollar Strengthens And Economic Optimism Grows. by Mateco556: 10:27am On Aug 02, 2023 |
As the dollar index reached a three-week high and 10-year U.S. Treasury yields rose, spot gold experienced a 0.7% decline to $1,951.19 per ounce, and U.S. gold futures dropped 1.1% to $1,950.30 by 1239 GMT. The shift in market sentiment was attributed to the increasing likelihood of a “soft landing” for the U.S.... https://ratecaptain.com/gold-prices-dip-as-dollar-strengthens-and-economic-optimism-grows/ |
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