Gold Settles at 2018 Lows and then Rallies

Michael BullionCurrencies, Precious Metals

Gold fell today hitting weekly lows and settling at the lowest level since the end of 2017.  After settlement, trading swung back in gold’s favor erasing the losses for the trading session.  This was due largely from the tariffs announced by President Trump on aluminum and steel.  The tariff news hit the U.S. Dollar dropping it into negative territory, with …