Gold eases from one-week high as dollar rebound dims appeal - Business News, Finance News, Share Market News - Market trendz

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Friday 1 October 2021

Gold eases from one-week high as dollar rebound dims appeal

Gold prices eased on Friday after rallying to a one-week high above the key $1,750 level in the previous session, as the dollar rebounded and made the metal expensive for holders of other currencies. Spot gold fell 0.1% to $1,754.64 per ounce by 0139 GMT, after rising nearly 1.8% on Thursday as the dollar index slipped.

from Commodities-Markets-Economic Times
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