Aktueller Goldkurs

20.07.18, 22:58 Uhr (GMT)

1.056 Euro | 1.232 USD

Gold Withstands Dollar’s Rapid Rise

Gold inched higher Monday morning even as the dollar jumped to its highest in about 11 years versus a basket of major currencies.

The precious metal has found support in recent days after big losses earlier in February were fueled by expectations the Federal Reserve will raise interest rates by mid-year.

Some analysts now say that a September rate hike is more likely than June, giving global economic headwinds, low inflation, and a relatively lackluster rise in U.S. GDP during the first quarter.

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