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Gold ticks up as dollar eases after Powell's comments
Gold ticks up as dollar eases after Powell's comments
Gold is sensitive to high interest rates, which lift the opportunity cost of holding non-yielding bullion.The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports rebounded and exports of goods dropped to a 10-month low amid cooling global demand and declining crude oil prices.
Gold is sensitive to high interest rates, which lift the opportunity cost of holding non-yielding bullion.The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports rebounded and exports of goods dropped to a 10-month low amid cooling global demand and declining crude oil prices.
Gold is sensitive to high interest rates, which lift the opportunity cost of holding non-yielding bullion.The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports rebounded and exports of goods dropped to a 10-month low amid cooling global demand and declining crude oil prices. 
