Gold prices swung between small gains and losses Tuesday, as a stronger dollar limited gains in the haven asset despite continued volatility in the stock market. Gold for April delivery was recently down 0.2% at $1,333.50 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices have traded roughly sideways since hitting their highest level since August 2016 last week, with the dollar rebounding from multiyear lows. A stronger dollar makes gold and other commodities denominated in the U.S. currency more...
Source: Wall Street Journal February 06, 2018 12:11 UTC