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 Dominant Dollar Faces Challenges in the Oil Markets READ MORE Oil Prices Slide as Fed Signals Longer High Rate Environment READ MORE Mortgage Rates Continue to Climb in February READ MORE PIMCO Cautions: Inflation and Recession Battles Not Yet Won READ MORE China's Central Bank Maintains Gold Holdings Amid High Prices READ MORE Add a Comment Cancel replyYour email address will not be published.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