Gold Is Up But So Is The Dollar In 2019: This May Be Why – ValueWalk Premium

Gold Is Up But So Is The Dollar In 2019: This May Be Why

Gold prices soared to their highest level in 10 months on Tuesday, driven by technical buying, dovish central bank commentary and continuing uncertainty as the end of the 90-day trade truce between the U.S. and China draws near. The yellow metal hovered close to its 10-month high on Wednesday as investors became optimistic about a resolution to the trade war, which would be good for emerging markets and their currencies against the U.S. dollar.

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