Price of Gold Futures Fundamental Weekly Forecast Rising

Bullion Market

Gold futures settled sharply lower last week, pressured by a stronger U.S. Dollar, which dampened demand for the dollar-denominated asset. A weaker Euro also indirectly drove gold prices lower. The headlines blamed stronger-than-expected U.S. manufacturing data for underpinning the dollar, but that doesn’t make sense to me since U.S. Treasury yields dropped all week until Friday’s steep rally.

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Price of Gold Futures Fundamental Weekly Forecast Rising via @goldsilverrepor