The US market enjoyed nice tailwinds from (potentially) once - off factors — Trump / GOP tax cuts &
a significantly weaker currency (dollar down almost 10 %).
Not exact matches
NEW YORK / LONDON, May 2 - Gold prices hovered near four - month lows on Wednesday as the dollar advanced, and were expected to remain under pressure from a
significantly stronger U.S.
currency and
weak investment demand.
LONDON, May 2 - Gold steadied on Wednesday near 4 - month lows as the dollar's uptrend paused, but prices of the precious metal are expected to remain under pressure from a
significantly stronger U.S.
currency and
weak investment demand.
(New throughout, updates prices, market activity and comments; adds second byline and NEW YORK) NEW YORK / LONDON, May 2 (Reuters)- Gold prices hovered near four - month lows on Wednesday as the dollar advanced, and were expected to remain under pressure from a
significantly stronger U.S.
currency and
weak investment demand.