Gold Prices Slip Amid as Dollar, Tech Jump

Gold prices slip as dollar, tech jump

The precious yellow metal once again touched the reds in the early trades in the Asian markets on Tuesday. It was led by the US dollar and tech companies gaining strength.

The tech stocks in the US are on a surge and drawing the attention of investors, who are withdrawing their money from the safe-haven commodity.

By 4:41 AM GMT, Gold futures fell to $1,916.35, a loss of 0.65 per cent.

The previous flat session and strengthening of dollar handed over gold a downtrend momentum. Besides, tech giants like Apple and Amazon remained the top gainers of the day.


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