Gold futures fell for a
second session on Thursday as the dollar maintained its strength and
demand for riskier assets remained relatively robust. The U.S. Dollar
Index rose for a third day and U.S. stocks were marginally higher.
June gold slid $21.80,
or 1.8%, to settle at $1,226.50 an ounce. "Nothing new so far just the
momentum is picking up towards the downside but we do not expect any
major sell off or new trend developing," said Naeem Aslam, chief market
analyst at AvaTrade.
Source: marketwatch
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