Precious Metals Preview: COMEX Gold Gains As Dollar Eases

20 May 2022 , 08:51 AM

Gold soared on choppy moves in the equities and a more than 1% drop in the US dollar index. Following the sell-off seen in the previous session, stocks saw substantial volatility during trading on Thursday. The major averages showed wild swings over the course of the session before closing in negative territory. COMEX Gold moved up near $1840 per ounce following this. Powered by Commodity Insights