DailyFX |
PRECIOUS-Gold at 3-week low as US stocks, Treasury yields climb
Reuters "Gold has been a little bit overdone here. It looks like we're just trying to trend to the 200-day moving average." Spot gold was down 0.8 percent at $1,257.58 an ounce by 3:16 p.m. EDT (1916 GMT), after dropping to $1,253.66, the lowest since April 11 ... Gold Prices Stage Another Bearish Break: Watch $1250 Is Gold Consolidating? 'Sell in May and Go Away' Won't Work for Gold |
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