Gold futures trade slightly higher on Tuesday after putting in their lowest settlement since March on Monday, following a plunge of more than 5% intraday in...
Gold futures traded slightly higher on Tuesday after putting in their lowest settlement since March on Monday, following a plunge of more than 5% intraday in early Asian trading hours.
Some strategists make the case that gold is under pressure on the back of the latest monthly U.S. jobs report which reignited the threat of the Federal Reserve tapering its monthly $120 million asset purchases and eventually raising benchmark interest rates, which currently stand at a range between 0% and 0.25%.
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