Gold Prices Eye Record High, Rising with Stocks as the Dollar Falls
Summary
By sueyangfx.com July 23, 2020 at 09:13AM Gold prices look poised to challenge the record high above the $1900/oz figure. The metal is up alongside stocks while the haven US Dollar sinks.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
July 23, 2020 at 09:13AM
Gold prices look poised to challenge the record high above the $1900/oz figure. The metal is up alongside stocks while the haven US Dollar sinks.