Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries With Deflation Priced in, Gold Could Shake Its Slump By: ETF Trends August 23, 2022 at 11:49 AM EDT The strong U.S. dollar continues to curb any momentum gold can muster, as the precious metal tumbled 3% last week after looking like it might shake out of its summer slump. Strength in the dollar makes overseas gold purchases more expensive, reduces demand, and drives gold prices down. Bloomberg Intelligence sees another possible reason for [...] The post With Deflation Priced in, Gold Could Shake Its Slump appeared first on ETF Trends . Read More >> Related Stocks: Alps Sprott Junior Gold SESG Sprott Gold Miners ETF Sprott Physical Gold Trust ETV Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
With Deflation Priced in, Gold Could Shake Its Slump By: ETF Trends August 23, 2022 at 11:49 AM EDT The strong U.S. dollar continues to curb any momentum gold can muster, as the precious metal tumbled 3% last week after looking like it might shake out of its summer slump. Strength in the dollar makes overseas gold purchases more expensive, reduces demand, and drives gold prices down. Bloomberg Intelligence sees another possible reason for [...] The post With Deflation Priced in, Gold Could Shake Its Slump appeared first on ETF Trends . Read More >> Related Stocks: Alps Sprott Junior Gold SESG Sprott Gold Miners ETF Sprott Physical Gold Trust ETV