GOLD PRICES fell on Monday morning in London while the US Dollar strengthened against the Yen after a smooth meeting between US President Donald Trump and Japanese Prime Minister Shinzo Abe last weekend, writes Steffen Grosshauser at BullionVault.
The Dollar hit a 2-week high against the Japanese Yen, although no currency issues were discussed during the 2-day weekend summit, according to a Japanese government spokesperson. Trump previously accused Japan of taking advantage of US security aid and stealing American jobs.
Stock markets, bonds yields and the greenback were buoyed after Trump’s remark on a “phenomenal” tax reform plan …read more
Source of this post from Alexis Bush Blog http://silverandgoldcoinblog.com/2017/02/13/gold-prices-fall-amid-dollar-strengthening-following-smooth-us-japan-summit-silver-touched-new-3-month-high-before-feds-yellen-speech/