Gold Prices Mixed On Softer Dollar
Posted On June 4, 2018
Dollar-denominated assets such as gold are sensitive to moves in the dollar. While a gain in the dollar usually makes gold more expensive for holders of foreign currency, and thus decreases demand for the precious metal, this is not the case on Monday morning.
Though the upbeat non farm payroll data last week supported the dollar, the uncertain trade prospects between the U.S. and China set the dollar back.
ONE DAY FREE TRIAL IS JUST ONE CALL AWAY GIVE A MISSED CALL @6396854063 (whats app for queries)
OR VISIT http://www.vinayakatips.com