Gold Price Hits 5-Week High on Weak U.S. Data


Gold News US

The gold spot price jumped by as much as $20.90 on Monday and, as of 3pm EST, is hovering near a five-week high of $1,222.40 per ounce. The gold spot price is up 4.53% in the last 30 days. Certified Gold Exchange analysts have attributed the substantial increase of the gold price to a combination of disappointing U.S. economic data, technical buying and a lower U.S. Dollar Index (USDI). Click here to read the complete details of gold price hike in the United States of America

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