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 U.S. Labor Market Cools, Sparking Economic Concerns for Fed Officials READ MORE Despite Economic Headwinds, Gold Continues Its Surprising Uptrend READ MORE Global $91 Trillion Debt Crisis Looms as Politicians Dodge 'Hard Choices' READ MORE World Gold Council: Gold ETF Flows: March 2024 READ MORE What Could Derail Gold’s Bull Run? One Analyst Says Japan READ MORE Add a Comment Cancel replyYour email address will not be published.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