Gold
recovering above $1200 on weak U.S Dollar
Apr 20th 2015
The Gold has maintained its
trading above $1200 per ounce, on increasing demand for the yellow metal as a
safe-haven asset amid the decline of the U.S Dollar and the retreat of the Asian
stock markets. However, the uncertainties over the timing of U.S interest rates
hike have maintained the traders cautious and the gold gains remain limited.