Gold futures tick up slightly Tuesday after a surge in the U.S. dollar the yellow metal to its lowest close since February.
Gold futures flipped between small gains and losses Tuesday, steadying after a surge in the U.S. dollar saw the yellow metal record its lowest close since February.
The ICE U.S. Dollar Index DXY, a... Gold futures flipped between small gains and losses Tuesday, steadying after a surge in the U.S. dollar saw the yellow metal record its lowest close since February. The ICE U.S. Dollar Index DXY , a measure of the currency against a basket of six major rivals, was flat after trading near a 20-year high on Monday. A rising dollar can be a negative for commodities priced in the unit, making them more expensive to users of other currencies.
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