Gold Is Getting Hammered as U.S. Dollar Soars
This article was originally published on ETFTrends.com.
BK Asset Management managing director of foreign exchange strategy Boris Schlossberg breaks down why gold has been getting hammered as the U.S. dollar soars. “Gold is taking a hammering over the past few weeks because the dollar has been in a strong uptrend,” Schlossberg said. “The reason the dollar has risen because U.S. yields are [...]