“Gold Futures Decline Amid Strengthening US Dollar: Traders Seize Profit Opportunities!”
Gold prices experienced a slight drop on Monday, but remained above $2,000 per ounce. This price movement is due to routine profit-taking, according to one precious metals strategist. Gold futures for June delivery dropped by $10.20, or 0.5%, to $2,016 per ounce on the Comex. A stronger U.S. dollar also contributed to the decline in […]
“Gold Futures Dip but Secure 6th Consecutive Weekly Gain: A Remarkable Achievement!”
Gold futures experienced a dip on Thursday, with prices falling as market speculators took profits ahead of the weekend. The main reason for this cautious attitude was Friday’s US jobs report; data concerning non-farm hiring can act as a determinant for the nation’s growth and inflation, and can therefore help investors to make educated decisions […]