Gold slides on firmer dollar amid thin holiday trading
TL;DR
Gold fell more than 1% in thin liquidity as a firmer dollar supported non-dollar priced bullion, with spot gold around $4,976/oz and US futures near $4,997/oz. Silver dropped about 2% and platinum/palladium also slid, as traders weighed mixed US data and expectations for Fed policy amid holiday closures in the US and Lunar New Year in Asia.
- Gold falls more than 1% on stronger dollar in thin trading Reuters
- Gold slides over 2% on strong dollar in light liquidity trade Reuters
- Gold Falls Below $4,900 in Quiet Lunar New Year Holiday Trading Yahoo Finance
- Gold and Silver Slip as Comex Bulls Retreat, China Trading Shuts for New Year BullionVault
- Gold prices drop below $4,900/oz with US-Iran talks, econ. data in focus Investing.com
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