Comment & Analysis
Hedge Funds & Alternative Investments
Uncategorized
UAE: Gold sinks Dh3.75 per gram on resilient US economy, weak dollar
Gold price tumbled on Thursday as the US economy turned out more resilient in the second quarter than expected.. Also, the Fed’s less-thank-hawkish guidance put pressure on the US dollar, resulting in a weakening in dollar-denominated commodities. The uptick in US Treasury yields are hitting the precious metal hard, sending…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Khaleej Times