Gold trades below 100-DMA, strong USD weighs

Gold prices erased part of their gains as the strong US dollar weighed. The metal now trades well below the 100-DMA located at USD 1213.86 levels.
আরও পড়ুন Previous

Forex Top Movers: The Dollar rules on CPI; EUR/USD the big loser

The US Dollar is rising across the board as investors digested the US CPI data as a hint that prices will be closer to Fed's target sooner and the central bank will have to hike rates.
আরও পড়ুন Next