Gold prices retreated on Wednesday from a more than one-month peak hit in the last session, as a stronger U.S. dollar and increased appetite for riskier assets depressed sentiment. Spot gold was down 0.8% to$ 1, 791.41 per ounce at 1327 GMT, while U.S. gold futures dropped 1.1% to$ 1, 791.20." The main market driver is the decline that was seen on the euro-dollar," said Carlo Alberto De Casa, market analyst at Kinesis....
" The dollar is strengthening and this is not the best thing for gold." T
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2021-12-30 00:00:00.0