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Gold Futures Drop to Lowest Settlement of The Year
Wednesday, 16 May 2018 01:05 WIB | PRECIOUS METALS |GOLDEMAS

Gold dropped Tuesday to mark its lowest futures settlement since December, as a rally in the benchmark U.S. dollar index and a sharp rise in U.S. Treasury yields lured investors away from the precious metal.

June gold fell $27.90, or 2.1%, to settle at $1,290.30 an ounce. That was the lowest finish for most-active contract since Dec. 26, 2017, according to FactSet data.

Source : Marketwatch

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