Gold Prices Climb as Dollar Weakness Counters Fed Rate Concerns - Yahoo Finance UK
Gold Prices Climb as Dollar Weakness Counters Fed Rate Concerns - Yahoo Finance UK
Source: Yahoo Finance UK
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DW NOTE
The dollar index is down 7.4% over twelve months while gold has fallen 22.8% from its January peak. If a weaker dollar were genuinely driving gold higher, the metal wouldn't still be trading a quarter below its high from seven months ago.