Gold traded modestly higher on Tuesday after recording its weakest settlement level in nine months as it continues to feel the pressure from a stronger U.S. dollar.
What are prices doing ?
What’s driving the market ?
Since gold hit its 2022 peak north of $2,000 per ounce back in March, it has been largely driven by the strong dollar which is at a 20 year high based on the index DXY measuring its strength against major currencies, while higher Treasury yields, which have stolen some of the precious metals’…