Gold drops as the dollar recovers from its lowest level in 3 weeks



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Gold picks up from the lowest level in 3 weeks News Watch on the 7th day, we are spreading gold declines as the dollar recovers from the lowest level in 3 weeks, l '[9[[[Goldslumpedtolowsin3weeksThepriceofgoldfellfrominitialgainstoslightlylowerTuesdayastheUSdollarralliedbutlosseslimitedlingeringconcernsaboutTradeBetweentheUnitedStatesandChinaThepoliticaluncertaintyinBritainregardingtheseparationoftheEuropeanUnion.

Gold fell 0.1% to $ 1256.79 an ounce after hitting the highest level since June 26th at $ 1265.87 in the previous session .

Gold futures in the US futures markets fell 0.2% to $ 1257.40 an ounce.

John Sharma, of the National Bank of Australia, said the dollar was the main engine .

The dollar index, which measures the strength of the currency against a basket of six major currencies, rose 0.04% to 94,114 after falling to its lowest level since mid-June on Monday. .

Money increased 0.1% in the spot trade to $ 16.08 ounce .

Platinum fell 0.3% to $ 844.50 an ounce and palladium from $ 0.9 to $ 951.95 .

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Source: Day 7