Gold Touches 5-Month Peak on Weak Dollar, Geopolitical Tensions
13 Apr 2017, 03:00 UTC+00
Gold prices reached a five-month high on Thursday as the dollar fell after President Donald Trump said that the U.S. currency was too strong. Trump also believes that lower interest rates from the Federal Reserve would be better.
Spot gold rose 0.1 percent at $1,286.80 an ounce, after notching its strongest since Nov. 10 at 1,287.31. U.S. gold futures settled 0.8...