Gold: Sharpest Weekly Loss in Six as Dollar, Yields Bolt Higher By Investing.com – Investing.com
- Date: 18-Sep-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Gold: Sharpest Weekly Loss in Six as Dollar, Yields Bolt Higher By Investing.com – Investing.com
By Barani Krishnan
Investing.com - A ramping dollar and U.S. Treasury yields gave little respite on Friday to gold prices trying to rebound from the previous day’s meltdown, with the yellow metal settling down for a third day in a row and booking its worst weekly loss in six.
U.S. gold futures’ most active contract, , settled down $5.30, or 0.3%, at $1,751.40 per ounce on New York’s Comex.
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