“Gold is turning its eye more strongly to the USD relationship and the rally of the dollar has clearly taken a little bit of the shine away from gold,” said independent analyst Ross Norman.
The dollar index rose for a third straight session against its rivals, making gold expensive for holders of other currencies.
Meanwhile, European shares hit an over one-month high.
https://www.reuters.com/article/global-precious/precious-firmer-dollar-…
September 03, 2020