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Gold falls aggressively during Asia's session

ArgusFX

Gold drops aggressively

During the early trading session in Asia, the precious metal, gold, aggressively declined before Theresa May, U.K's Prime Minister, talks about trade and defense cooperation.

Gold trades to $1,249.20

In the New York Mercantile Exchange on the Comex division, gold for April delivery traded to $1,249.20 a troy ounce falling 0.49%.

Aussie and dollar stable

Today, the Aussie was stable versus the U.S. dollar during the European trading session, while the New Zealand dollar traded lower following the greenback's weaker demand. The AUD/USD pair stabilized at 1.7636.

The NZD/USD currency pair approached the 0.6999 level sliding 0.24%, and the U.S. dollar index reached the 99.65 area rising 0.12%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/gold-falls-aggressively-during-asia-s-session
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