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Apr 16 - 04:55 AM

Gold - USD/SGD, DXY Soggy; Gold Hits New Record High

By Catherine Tan  —  Apr 16 - 02:46 AM

• USD/SGD soggy into early London trades, selling pressure in USD weighs

• Pair last at 1.3142-47, traded amid 1.3130-90 range so far

• Test at 1.3117 Friday low likely, may see 1.3100 on break

• DXY resumes slide after failure above 100, last at 99.53

• Gold surge amid tariff fears and econ worries weigh on sentiment

• Spot gold hits new record high at $3294.99 per oz, last at $3288.50 per oz
SGD


(Catherine Tan is a Reuters market analyst. The views expressed are her own.)

Source:
London Stock Exchange Group | Thomson Reuters

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