Reply To: Traders Market Weekly: Eyes Up on Retail and Inflation

#36714
TradersCom
Keymaster

Gold worst weekly losses since last June

Gold futures settled $16.40 lower (-0.9%) to $1,808.20/oz, registering a weekly decline of -4.0%, pressured by this week’s gains in the dollar as investors cope with ongoing inflation concerns.

Meanwhile, the U.S. Dollar Index is down about -0.3% to $104.55.