Gold Prices Eased Off Highs As The Dollar Rebounded Following Strong U.S. Retail - Dollar Advisory | Best Commodity Tips Provider

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Friday 15 December 2017

Gold Prices Eased Off Highs As The Dollar Rebounded Following Strong U.S. Retail

Gold trading range for the day is 28114-28530.

Gold prices eased off highs as the dollar rebounded following strong U.S. retail sales data.

The Federal Reserve approved its third rate hike of 2017, and forecasts further rate hikes despite growing concerns over the slow pace of inflation.

U.S. retail sales increased more than expected in November as the holiday shopping season got off to a brisk start.

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