XAU/USD: precious metals soar against weakening dollar Fundamental analysis for 08/06/2016

Forex analytics: A pause in a step-by-step US rate rise has a positive effect on gold quotes. A weaker dollar increases oil and commodities prices as well as the cost of the US stock market. Gold prices continued to grow at Asian and European trading sessions today following a sharp consolidation amid US disappointing NFPR in May. On Tuesday the US dollar dropped to monthly lows against major currencies. ...