Gold prices shoot up, U.S dollar drops
Spot gold, known for tracking bullion prices in bullion, gained 1.8% to settle at $1,928.31.
Tag: U.S dollar index
U.S dollar set for second week decline
Anticipation of further stimulus measures to support the U.S. economic recovery has set the greenback into retreat mode.
Investors flock to U.S dollar
Investors tilted more towards the dollar as it edged up 0.19% to 93.920 by 4.40 am GMT.
Currency Traders rush to U.S dollars, reaching 8-week high
Currency traders are now adding more bets on the U.S dollar especially against the euro.
U.S dollar drops, low U.S interest rates expected to persist for long
The Fed's message is that policy will remain accommodative, but there is no real appetite for adding to the easing.
Gold prices surge higher, traders focus on U.S. Federal Reserve
Gold futures edged up 0.46% to trade at $1975.30
Investors rushing to U.S dollar, as Gold, Bitcoin prices plunge
Gold futures prices were down 0.60%, Bitcoin dropped 0.5% to trade at $10,060 price level.
Why currency traders are now buying U.S dollars
Many currency traders believe that the U.S dollar index is showing an oversold signal.
Gold prices drop lower, as U.S dollar picks up from its 2-year low
Prices of gold futures dropped below $1,980, a crucial support level thanks to the dollar’s recent strength.
Traders go short on U.S dollar over higher claims of U.S unemployment benefits
The drop is speculated to have been caused by the high number of Americans who claimed unemployment benefits.
