Gold Higher as Dollar Sinks Again

marketwatch.com
JAN 10, 2018

ORIGINAL SOURCE: Gold taps highest levels in nearly four months as dollar sinks by Myra P. Saefong of marketwatch.com on 1/10/17


The biggest news today comes from China, which has announced it will “slow or halt” US Treasury purchases.

Bloomberg has it that along with the fed maybe backing off interest rates even though gold rising in the face of them, now China has announced that are seriously considering backing out of U.S. Treasuries. This, in turn, has a caused bond yields jump and sent the U.S. dollar falling.

Please read the rest here; Gold taps highest levels in nearly four months as dollar sinks




Original Source