Gold Price Bounces As US Dollar Index Weakens

May 11, 2016

New York (May 11)  So far Wednesday is another uneventful day in the marketplace, with no major, fresh events to drive prices. World equities markets were mostly weaker in overnight trading, on corrective pullbacks from gains seen earlier this week. U.S. stock indexes are pointed toward weaker openings when the day session begins in New York.

Spot gold rises $3 to $$1273 while spot silver rises nearly 1% to $17.36.

Source: KitcoNews

 

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