Gold ends 3-week losing streak; sees a glimmer of hope as US dollar struggles at top - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Saturday, 10 September 2022

Gold ends 3-week losing streak; sees a glimmer of hope as US dollar struggles at top

Gold holdings with SPDR ETF have slumped to March 2020 lows which shows that investors have continued to move out of the metal amid a lack of clear price outlook. Concerns about the Chinese economy have also dented the outlook for consumer demand. The outlook for China remains clouded. Emphasis on virus-related restrictions to control the virus spread, a move which is hampering economic activity.

from Commodities-Markets-Economic Times
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