The US Dollar Index surged nearly 20 points in the short term, while spot gold dropped by $36.
According to Odaily, data from a certain exchange shows that the US Dollar Index (DXY) has risen nearly 20 points in the short term and is now at 98.64. Spot gold has dropped by 36 US dollars in the short term and is now quoted at 4,397.64 US dollars per ounce.
The US Treasury previously stated that, under the expanded Treasury repurchase program, it will purchase up to 600 million US dollars of long-term government bonds in its first operation.
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