(Mining.com) On Monday the Comex market in New York, gold futures with February delivery dates gave up some of Friday’s gains, hurt by a stronger dollar and fresh weakness on broader commodity markets.In early afternoon trade gold was exchanging hands for $1,076.80 an ounce, down $7.30 or 0.7% compared to Friday’s close. Gold dipped to its lowest in nearly six years last week at just above $1,050 an ounce.
Hedge Funds Are Doubling Down on Weaker Gold Price
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