Gold hovers near 2-week low as US dollar rallies - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 30 March 2021

Gold hovers near 2-week low as US dollar rallies

Concerns about a potential fallout of a hedge fund's default on margin calls also elevated the greenback's safe-haven appeal. Losses at Archegos Capital Management, run by former Tiger Asia manager Bill Hwang, sparked a fire sale of stocks on Monday, including that of some U.S. tech companies.

from Commodities-Markets-Economic Times
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