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Gold prices were little changed on Monday near the previous session's low, weighed by a firmer dollar and expectations of several Fed rate hikes. Spot gold traded near $1,275.63 an ounce after a 0.7% drop on Friday caused by rising Treasury yields.
A firmer dollar and rising yields are signals that tend to pressure dollar-priced commodities. Feed buyers should watch the Fed path for dollar direction.
khaleejtimes.comReutersNov 13, 2017Not 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.
