Gold prices jump above $1800/ounce, drops 2% W/W
Gold futures settled up $1.2%, at $1,813.05 after it had dropped as low as $1,784.60 on Thursday.
Gold futures settled up $1.2%, at $1,813.05 after it had dropped as low as $1,784.60 on Thursday.
Gold prices drifted lower as the greenback gained some strength at Asia's trading session.
Gold futures prices settled at $1.866.30/ounce, showing a loss of 0.56% at the last trading session of the week.
Gold futures was down 0.89% to trade at $1,890.60 an ounce on Wednesday's trading session.
Gold traders pull backed from Gold as the U.S dollar gained bullish momentum on Thursday morning.
Gold prices have gained 24% this year, and likely to score more gains.
The plunge came as appetite for risk assets recovered thanks to a stronger greenback and real rates.
Gold futures prices rising to points not touched since September 2011