CNBC |
Gold hits 6-week trough; set for longest monthly losing streak in 2 decades
CNBC Gold hit a fresh six-week low on Friday as the dollar firmed after upbeat U.S. economic data supported the Federal Reserve's resolve for steady interest rate hikes, putting the metal on track for its longest monthly losing streak since January 1997 ... Gold Records Six-Month Losing Streak - US Dollar Continues To Weigh On Market Gold ends higher, but suffers a September loss at hands of resurgent dollar Gold extends losses on weak global cues, muted demand |
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