Gold is trading lower today - a third consecutive day - on track for a second straight month in negative territory. Gold is currently down 3% for the month. Gold prices were pushed lower by a stronger U.S. dollar as the precious metal becomes more expensive for holders of other currencies.
Gold is currently quoted at USD1,182.50, -0,26% a troy ounce. On Thursday the 22nd of January gold reached a five-month high at USD1,307.40. On Tuesday the 17th of march gold traded as low as USD1,142.50, a three-month low.