Gold prices tally a third straight session loss

0
16

Gold futures posted a third straight session loss on Wednesday, with prices settling at their lowest in just over two weeks. Strength in the U.S. dollar pressured prices for the precious metal after comments from Federal Reserve Chairman Jerome Powell suggested that the central bank will continue to tightening monetary policy. August gold GCQ22, -0.08% declined $3.70, or 0.2%, to settle at $1,817.50 an ounce, the lowest most-active contract finish since June 14, FactSet data show.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleTax Guy: Common IRA rollover tax traps — and how to avoid them
Next articleNeed to Know: Why this trader is back on the ‘long side of the energy market’

LEAVE A REPLY

Please enter your comment!
Please enter your name here