Gold Spot Weekly Forecast Report March 6-10

Gold Spot Weekly Forecast Report March 6-10
Gold Spot Weekly Forecast Report March 6-10

Gold Silver Reports โญโญโญโญโญ โ€” Gold prices declined in last weekโ€™s trading as the US dollar index (DXY), which measures the greenbackโ€™s strength against a basket of six major currencies, rallied. Gold prices fell to a low for the week on Friday, at $1,223 an ounce, the lowest level traded since February 15. At weekโ€™s end, however, the contract for April settlement on the COMEX division of the New York Mercantile Exchange ended well off the low of the day at $1,235/ounce. This represented a loss of 1.8% for the week overall.

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