Gold Trades Up While Dollar Recedes Unlisted Video
5 years ago
2.54K
economic growth
US dollar
US gold futures
gold futures
gold prices
spot gold
spot gold price
US dollar index
Swedish crown
British sterling
According to Reuters, gold prices are on the rise as concerns over slowing economic growth reach around the world.
The safe-haven asset even hit a 10-month high as the US dollar dropped when compared to other major currencies.
US gold futures gained almost 1.7-percent on the day for Feb. 19th, rising to $1,344.10 an ounce.
The spot gold price also rose, adding 1.1-percent, bringing the price per ounce to $1,341.
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