Gold Slides 1% on Stronger Dollar, Improving Risk Appetite

Gold Slides 1% on Stronger Dollar, Improving Risk Appetite

The price of gold fell 1% on Wednesday, hurt by a stronger dollar, as optimism around a potential COVID-19 vaccine raised hopes of a rapid economic rebound, pushing investors towards riskier assets. Spot gold was down 0.9% to $ 1,860.61 an ounce at 9:30 a.m. EST (2:30 p.m. GMT). US gold futures fell 0.9% to […]

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