Gold's Winning Streak Interrupted, Prices Dip Near $2,050 Amid Strengthening Dollar Gold prices have taken a slight downturn, halting a three-day winning streak, and are currently trading around $2,050 per troy ounce. This decline is attributed to the strengthening U.S. Dollar, which gained momentum following positive US Treasury yields and hawkish comments from Atlanta Fed President Raphael Bostic. Despite this setback, there is potential for increased gold demand due to rising risk aversion linked to escalating conflicts in the Middle East. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Plunge as Middle East Tensions Ease and Fed Maintains Higher Rates READ MORE Gold Prices Stable Amid Rate Cut Expectations READ MORE $10 Million Gold Smuggling Scheme Unveiled by Hong Kong Customs READ MORE Morgan Stanley: Bitcoin Could "De-Dollarize" the World READ MORE Gold Holds Ground Above $2,512 Amid Mixed Economic Signals READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment