Gold Bounces Back as Dollar Weakens, Despite US-China Tariff Truce

25.05.13

Gold prices rebounded on Tuesday, rising 0.6% to $3,255.09 an ounce after falling more than 2% the previous day. The recovery was driven by a 0.2% drop in the dollar index, making gold cheaper for holders of other currencies. According to analyst Carlo Alberto De Casa, ongoing uncertainty about trade…

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