GOLD
Gold prices rose on a daily basis, although XAU/USD established a new one-week low of $1,951.53 per troy ounce while holding below Monday's high of $1,967.85. The US dollar rose in the first half of the day as the gloomy mood favored the safe-haven currency. The dismal macroeconomic figures released these days show the fragile economic balance most central banks face in the face of Federal Reserve monetary policy announcements. United States (US) and the European Central Bank (ECB).
Forex Market Observer
