Gold market update for Tuesday, April 2nd. A firmer U.S. Dollar index and lower crude prices are combining with technical selling pressure to drive gold down to around $1580. Recent stock market rallies have also proved bearish for the metal and commodities in general – funds are being pulled away to invest in stocks rather than gold, oil and other commodities. Read more…
UPDATE: Gold Drops to 2-Week Low on Technical Selling, Bearish Outside Markets
April 2, 2013