Thursday, May 30, 2019

Gold falls as dollar, bonds emerge as preferred safe haven bets

Gold falls as dollar, bonds emerge as preferred safe haven bets The dollar index climbed to a one-week peak and was hovering within striking distance of a two-year high of 98.371 hit a week ago, as Sino-US trade tensions prompted investors to seek a safe haven in the greenback and government bonds.

from Moneycontrol Business News http://bit.ly/2Ie8wHI

No comments:

Post a Comment

S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...