Gold price troubled by US dollar’s moves as Fed’s rate expectations diverge
Gold price troubled by U.S. dollar's moves as Fed's rate expectations diverge After hitting a high of $2,055 an ounce this week, a move higher in the U.S. dollar weighed on the gold market, forcing the metal to end the week lower. Analysts point to divergence in Federal Reserve interest rate expectations as additional noise in the trading environment. "This week was all about the dollar, which has had a significant rally, taking away some of gold's appeal," OANDA senior…