Gold is bearish in the London session today, trading below the $1,800 trading range as the dollar gains momentum on increased investor appetite as a result...
Gold futures was down 0.89% to trade at $1,890.60 an ounce on Wednesday’s trading session.
The price decline in the safe-haven asset was triggered by an impressive U.S. jobs report.
Gold futures at the time this report was drafted gained 0.27% to $1,943.
The yellow metal tends to usually rise in value on expectations of lower U.S interest rates.
