Gold Prices Seen Under Pressure As The Dollar Firmed Amid Easing Risk Aversion - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 27 June 2018

Gold Prices Seen Under Pressure As The Dollar Firmed Amid Easing Risk Aversion

Gold trading range for the day is 30360-30738.

Gold prices seen under pressure as the dollar firmed amid easing risk aversion and expectations of further interest rate hikes by the U.S.

The U.S. Treasury Department was said to be drafting curbs to stop companies with at least 25% Chinese ownership from buying U.S. tech firms.

China's net gold imports via main conduit Hong Kong surged 50 percent in May from the previous month, data showed.

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