Dollar Rally Weighs on Gold

Dollar Rally Weighs on Gold

Gold Silver Reports — Open mouth, move the dollar. Comments by Federal Reserve Bank of Philadelphia President Patrick Harker late Monday that he could see two to 3 rate hikes in 2016 pushed the U.S. currency to its strongest level since March against the euro and prompted gains against most of its major peers. The short stick: gold, now in its longest losing streak since November. — Neal Bhai Reports

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