Gold Up, At 4-Week High, On Weak Greenback, Some Risk Aversion

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Published : May 26th, 2017
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Kitco News/Jim Wyckoff/05-26-17

Gold prices are posting decent gains and have hit a four-week high in early U.S. trading Friday. A weaker U.S. dollar index on this day is helping out the gold market bulls. Also, there is just a bit of risk aversion in the marketplace heading into a long U.S. holiday weekend. News that President Donald Trump’s son-in-law is being investigated by the FBI regarding Russia’s involvement in the U.S. presidential election is also adding some uncertainty to the marketplace.

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