Gold slides on firmer dollar amid thin holiday trading

1 min read
Source: Reuters
Gold slides on firmer dollar amid thin holiday trading
Photo: Reuters
TL;DR Summary

Gold fell more than 1% in thin liquidity as a firmer dollar supported non-dollar priced bullion, with spot gold around $4,976/oz and US futures near $4,997/oz. Silver dropped about 2% and platinum/palladium also slid, as traders weighed mixed US data and expectations for Fed policy amid holiday closures in the US and Lunar New Year in Asia.

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