The gold price experienced volatility earlier this week thanks to the U.S. dollar and rallying stock market.
However, the metal has proven resilient as it's still on track for a weekly gain.
The post Why the Gold Price Can Rally Higher in 2017 Thanks to the Dollar was originally published at The Wall Street Examiner. Follow the money!
Gold and silver prices posted solid gains Monday, amid bullish “outside markets” that saw the U.S. dollar index lower and crude oil prices higher.
Gold edged down towards $1,290 an ounce as a rally in equity markets diverted some buying interest from the metal. ||| London - Gold edged down towards $1,290 an ounce on Tuesday as a rally in equity markets diverted some buying int...
Gold prices ended the U.S. day session firmer Tuesday. The key “outside markets” were in a bullish posture for the precious metals markets, as the U.S. dollar index was lower and crude oil prices were solidly higher.
Gold prices rose as the dollar hit its lowest in nearly two weeks against the euro and stock markets rallied. ||| Gold prices rose on Monday as the dollar hit its lowest in nearly two weeks against the euro and stock markets rallied...