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Investing.com's weekly outlook says gold faces pressure from a stronger dollar, with the dollar index near 90.08 after rising to two-week highs. Gold futures settled at $1,337.50, and traders are watching trade tensions and US Q1 GDP data.
A firmer dollar makes dollar-denominated commodities costlier for foreign buyers, a mildly bearish signal for US commodity export demand.
uk.investing.comApr 22, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
