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Gold tumbles below $4,200 on higher oil prices, firmer USD

Gold price (XAU/USD) falls to around $4,170 during the early Asian session on Tuesday. The precious metal retreats from a one-week high on a stronger US Dollar (USD) and higher crude oil prices.

Original · FXStreet AI summary of public reporting

Why: Higher oil prices and firmer USD weigh on gold

GOLD

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Prices since publication

At publication → Current
GOLD4,172 → 4,169−0.1%
BRENTOIL103.29 → 102.58−0.7%
Gold tumbles below $4,200 on higher oil prices, firmer USD | SignalHub