Gold Prices Dive With Stock Market: Reasons To Buy
Gold prices dropped sharply along with global stock markets Friday as the dollar strengthened. Analysts cited several technical and fundamental reasons to buy now. Spot gold prices skidded 1.09% to $1,723.60 an ounce, a six-week low. PowerShares DB U.S. Dollar Index Bullish (UUP), tracking the greenback against a batch of major currencies, rose 0.35% to 21.81. "I would look for support now at the 200-day moving average that currently stands at
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