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Gold Price Extends Climb As Dollar Slides

Written by Staff Writer

graph 3078545 640Gold Extends Climb With Dollar Sliding -Wall Street Journal
"Gold prices rose 0.6% to $1,246.70 a troy ounce on the Comex division of the New York Mercantile Exchange....

The dollar and longer-term Treasury yields have fallen lately as investors weigh the possibility of a less aggressive path of interest-rate increases from the Federal Reserve and trade optimism from the U.S. and China. On Tuesday, the WSJ Dollar Index, which tracks the dollar against a basket of 16 other currencies, slipped 0.3%....Elsewhere in precious metals, most-active silver futures rose 1.3% to $14.695 a troy ounce. Platinum fell 0.6% to $805.60 and palladium added 1% to $1,177.50."