Cheap Dollar causes bullion futures to slip

Source: WBP Online
© Reuters
Bullion futures continued their rise on Friday as the Dollar lost its value, following the Fed's verdict to leave interest rates unchanged at 0.5%. Futures surged 0.9% to show $1,277.70 per ounce at 4:30 GMT while the Dollar index dropped by 0.4%. The spot price for bullion is on track to a 2.7% weekly gain and has jumped 3.4% for the whole month.

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