“The dollar has made a lot ground over the past few days and
it really has taken the edge off gold,” said OANDA analyst Craig
Erlam, adding that while on the upside $2,000 is now a big
barrier and $1,860 could be a bit of test prior to that.
Against a basket of currencies, the dollar gained 0.6%,
making gold more expensive for holders of other
currencies.
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