Gold hastens retreat, dips below $2,000 on firm dollar

Gold hastens retreat, dips below $2,000 on firm dollarSpot gold was down 1.1% at $2,004.61 per ounce by 0727 GMT after falling as much as 1.9% earlier, accelerating a retreat from a record high of $2,072.50 hit last week. U.S. gold futures fell 1.3% to $2,013.10 per ounce. China on Monday had imposed sanctions on 11 U.S. citizens, including lawmakers from President Donald Trump’s Republican Party, after Washington’s sanctions on Hong Kong and Chinese officials last week.

from Yahoo Finance https://ift.tt/30LDYYz

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