May 10, 2013
Gold tumbles to $1435.00
FXstreet.com (Barcelona) - The price of gold has taken a hit Friday, as the yellow metal is under siege from the USDIX ahead of US trading. Earlier, the greenback rose against a basket of major currencies as indicated by the dollar index to trade at 83.02, compared with the session’s opening of 82.83. The USDIX has so far recorded an intraday high of 83.13 and a low of 82.77. After trading in the heights of 1460s, the price of gold is now recording fresh lows of USD $1435/37 per oz.