Gold loses sheen as robust dollar weighs

Spot gold fell 0.2% to $1,894.69 per ounce by 348 GMT. U.S. gold futures were down 0.5% to $1,898. “We are seeing a risk-off environment taking hold, which means that the dollar continues strengthening and there is a lot of pressure on gold prices in the near-term,” said Howie Lee, economist at OCBC Bank. …read more

Source:: Yahoo Finance

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