Gold nears the lows of the week as decline extends to $20
Summary
By sueyangfx.com January 15, 2021 at 04:07PM Strong dollar, weak gold Gold initially rose on Biden’s stimulus plan but there’s been a sharp turnaround on the ‘sell the fact’ trade across everything. The US dollar is strong across the board […]
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January 15, 2021 at 04:07PM
Strong dollar, weak gold
Gold initially rose on Biden’s stimulus plan but there’s been a sharp turnaround on the ‘sell the fact’ trade across everything.
The US dollar is strong across the board and that’s putting pressure on gold.