BREAKING NEWS

Now Reading:

Gold weakens further as dollar marches on


economy

Gold weakens further as dollar marches on

Gold continues to lose its lustre for investors as the yellow metal fell to a near four-year-low on Monday, the run strengthened by feelings the US is about to hit the monetary brake.

Silver also tumbled, and is now at a five-year-low relative to gold, which hit $1,161.25 an ounce at one point.

The strength of the dollar is also hurting the price of gold, with the greenback now at a seven-year-high relative to the yen, and a two-year-high against the euro.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article

economy

Rouble's slump continues despite huge interest rate hike by Russian central bank