The pressure is still on the gold price - 31/05/2023
Forecasting the gold price trend, non-interest-bearing assets like gold tend not to be chosen by investors amid rising interest rates. The US Dollar Index also climbed near a two-month high and weighed on gold prices.
A stronger dollar causes the yellow metal to fall in value against other currencies.
A stronger dollar causes the yellow metal to fall in value against other currencies.
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