Reuters |
Gold firms as dollar wilts, but US rate hike view curbs gains
Reuters “Investment demand for gold is just not strong enough to lift the price sustainably,” he said. “Near term the U.S. interest rate hiking cycle is driving prices, and everything that goes along with that - a rising dollar, the interest rate differential ... Gold edges up on support from retreating dollar Gold prices steady amid rate hike prospects Gold steady as trade war concerns offset US rate hike prospects |
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