Reported about 21 hours ago
Gold prices fell on Friday as the dollar strengthened following Donald Trump's remarks downplaying his disagreements with Federal Reserve Chairman Jerome Powell, alleviating fears over the Fed's independence. Trump claimed there was 'no tension' and downplayed renovation issues at the Fed. Though gold has increased over 27% this year amid global uncertainties, analysts note that investment demand trends suggest its price may have peaked. Currently, spot gold is trading at $3,337.12 an ounce.
Source: YAHOO