Gold hits a six-year high on weaker dollar and US-Iran tensions
Gold is up 9.6% this month, breaking above technical resistance; platinum and palladium are both slightly up
25 June 2019 - 16:00
Bengaluru — Gold scaled a six-year peak on Tuesday as a weaker dollar, prospects of monetary easing by the US Federal Reserve and simmering US-Iran tensions continued to stoke bullish sentiment in the market.
The precious metal has leapt 10% in four weeks, breaking above technical resistance that has thwarted every rally for half a decade to finally rise above $1,400...
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