Earlier this week, the price of gold rose, a weaker dollar driving the increase. Spot gold hit $2,524.94 an ounce, just a few dollars short of its $2,531.60 record, while U.S. gold futures dropped to $2,552.90. The dollar index also dropped 0.3%, which made the precious metal more attractive to holders of other currencies.
RJO Futures senior market strategist, Bob Haberkorn, stated that a lot of…
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