Gold Down As Rosy Economic Data Supports Dollar…LIVE NEWS UPDATE BY ROYAL TRADERS

NEWS HIGHLIGHTS !!!

Gold prices continued to fall on Wednesday in Asia as the dollar was supported by robust U.S. data.

Gold futures traded 0.35% lower to $1,972 by 12:25 PM ET (5:25 GMT), while the dollar inched up 0.03% to 92.365.

Prices of the precious metal slid back down to below $1,980-mark after a small peak the day before.Gold prices marched towards $2,000 on Monday thanks to the dollar’s decline to multiyear lows. 

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