Gold prices recouped a key level on Tuesday, grabbing $1,300-an-ounce
and pushing past that level as the dollar moved lower and as traders
looked ahead to Fed minutes coming later this week.
At last check, gold for June delivery
GCM4
+0.76%
was up $10.70, or 0.8%, to $1,308.70 an ounce. May silver
SIK4
+0.82%
added 16 cents to $20.07 an ounce.
Gold seemed to be catching a break on Tuesday, though, as the dollar pushed lower. The ICE dollar index DXY -0.04% , which tracks the U.S. unit against a basket of six major rivals, eased to 80.183 from 80.222 in North American trade late Monday.
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Gold seemed to be catching a break on Tuesday, though, as the dollar pushed lower. The ICE dollar index DXY -0.04% , which tracks the U.S. unit against a basket of six major rivals, eased to 80.183 from 80.222 in North American trade late Monday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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