The Gold price rallied higher in Asian trade with a retest of the $2000 which remains a magnet for price of late. The European session has seen some bids for the dollar index (DXY) materialize, helping gold retreat toward the $1985 mark at the time of writing. Gold has been trading similar to US stocks of late with little to committal in either direction. Acceptance above the $2000 handle for any sustained period remains elusive for the precious metal as the question around a new all-time-high lingers on.
