Gold price declines on stronger USD

February 3, 2018

New York (Feb 3) Gold prices declined by the end of Friday’s trade, as the US dollar recovered on the back of strong economic data.

Gold futures for February delivery decreased by 0.8% at $1,337.70 per ounce.

This comes after the USD made noticeable gains on the back of strong employment data.

MUbasher

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