* Dollar up for fourth straight session * Gold down nearly $140 from Friday's close"A lot hinges on U.S. yields and the factors driving them at the moment. Also, dollar's strength will be something very important to watch over the next few days and weeks." A jump in U.S. Treasury yields helped the dollar extend its winning streak, making gold more expensive for those holding other currencies. Higher yields also increase the opportunity cost of holding non-yielding gold.
August 12, 2020