Gold Falls, Dollar Strengthens: Market Update
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Gold prices stagnate at $2030 per ounce, but face their worst month since September, dropping nearly 2%. The dollars strength and rising Treasury yields, coupled with optimistic U.S. economic data, are driving the decline. Analysts predict gold will continue to fall ahead of the March Fed meeting, but remain bullish long-term. Silver slips to $22.44, platinum ticks up to $904.95, and palladium gains to $991.38.
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