Home Breaking: Gold drops below $1,900, taking weekly loss to 7.4%
FXStreet News

Breaking: Gold drops below $1,900, taking weekly loss to 7.4%

Gold is trading below $1,90 for the first time since July 24. The yellow metal is currently trading near $1,880,representing a 1.6% decline on the day. 

Prices fell by 5.72% on Tuesday to register the biggest single-day decline in seven years as the US 10-year yield jumped by over six basis points. 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.