Gold Dips Against a Strong Dollar

Gloria Van Rees

Speculation of upcoming trade talks between China and the US pushed gold higher during the week. The increase in gold was a reaction to the dollar dropping in response to discussion of more potential tariffs and more talks between the countries. Toward the end of the trading week the dollar rebounded slightly. Gold prices are the financial ying to the dollars yang. In other metals, copper was buoyant as the result of trade talks.