Gold set to finish week near five-year lows, stronger dollar looms | Reuters
MELBOURNE Spot gold firmed on Friday but was still set to finish the week trapped near its cheapest in more than five years as the metal struggles against a stronger dollar ahead of a widely expected U.S. rate rise next month. "We're still negative and target $985 in the short run," said analyst Dominic Schnider of UBS Wealth Management in Hong Kong.
The post Gold set to finish week near five-year lows, stronger dollar looms
| Reuters appeared first on Firstpost.
