Gold prices jumped $10 per ounce Monday lunchtime in London to trade near 1-week highs above $1200 as weak US economic data were followed by ‘dovish’ comments from a Federal Reserve bank president on when the central bank should raise ...
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Tag Archives: US dollar
Feed SubscriptionGold’s Relationship with the U.S. Dollar Is Complicated – WGC
Gold still has an important role to play in an investor’s portfolio, even as the U.S. dollar holds near 12-year high, according to the latest research from the World Gold Council (WGC). In its latest Gold Investor report, the ...
Read More »Will Strong Dollar Hold Down Copper Price for Long? NCTV Interviews
Risk aversion at the beginning of 2015 has left the US dollar on a tear. The US dollar index climbed above 92 and hit a nine year high, dragging the London Metal Exchangecopper to a 4.5-year low. Will the strong momentum ...
Read More »Physical market tightness supports Gold
Despite the sharp recovery in the stock indices, strength in the US dollar and increase in bond yields, precious metals ended last week mostly flat in anticipation of the FOMC meeting this week. While the Fed is expected to announce the end ...
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