Gold Prices Slide With Dollar Surging - News Summed Up

Gold Prices Slide With Dollar Surging


Gold prices slid Thursday, hurt by a stronger dollar after a second reading of U.S. fourth-quarter economic growth was in line with analyst expectations. Front-month gold for April delivery shed 1.6% to $1,289.80 a troy ounce on the Comex division of the New York Mercantile Exchange—its largest one-day slide since mid-August. Prices are up slightly in 2019, though they have fallen 4% below their 10-month highs in February.


Source: Wall Street Journal March 28, 2019 14:03 UTC



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