Gold prices fell for the first time in five sessions Tuesday, hurt by a rebounding dollar and placid stock moves as worries about a global trade war eased. Front-month gold for March delivery fell 1% to $1,341.30 a troy ounce on the Comex division of the New York Mercantile Exchange—its largest one-day drop in a month. Prices have traded between roughly $1,305 and $1,360 this year, moving within that range based on moves in the dollar, interest-rate expectations and safe-haven demand. A stronger dollar makes gold and other dollar-denominated commodities more expensive for overseas buyers. On Tuesday, the WSJ Dollar Index, which tracks the dollar against a basket of 16 other currencies, added 0.3%.

Source: Wall Street Journal March 27, 2018 14:47 UTC