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TD Ameritrade: Gold Higher But 'Stuck on Dollar'

LONDON, 11 May 2018 – Comment from BullionVault features in a report on the gold price for customers of leading US stock brokerage TD Ameritrade.

"Gold is still stuck mirroring moves in the Dollar," the report quotes Adrian Ash, director of research at BullionVault in London via a story first published by US news-site MarketWatch.

With the strong Dollar keeping gold prices higher outside the US currency, "That’s likely to encourage more supply," Adrian goes on in the full report, "both from non-US miners and also from retail investors in the West, who continue drip-feeding their coin and small-bar holdings back onto the market."

Read the report at MarketWatch here, online at fund analysis site Morningstar, or at TD Ameritrade here:

Gold ends lower for the session, gains for the week

Source: 
TD Ameritrade