Gold slips as dollar strengthens against yen

Feb 13 #Gold slipped on Monday as the dollar
strengthened against the #yen, with the greenback buoyed by a
smooth meeting between U.S. President #DonaldTrump and Japanese #PrimeMinister Shinzo Abe that saw no mention of currency policy.

FUNDAMENTALS
* Spot gold had fallen 0.37 percent to $1,229.45 per
ounce by 0020 GMT. U.S. gold futures were down 0.41
percent, to $1,230.7.
* The #dollar index was up 0.20 percent. The dollar
gained against the yen early on Monday, with the market
breathing a sigh of relief as the closely watched two-day
U.S.-Japan #summit over the weekend was seen to have ended
smoothly.
#RSBL source: Reuters

#RSBL Rising gold, #interest rates could spell trouble

So is it time to get worried? Not yet. 
While #gold #prices have risen five of the past six weeks to more than $1,230 per #ounce, the#yellowmetal is still down from $1,275.40 on#ElectionDay. The bond market sends a mixed message. While the 10-year Treasury has risen sharply since Nov. 8, rising from 1.85% to a Dec. 16 weekly closing high of 2.6%, it has since fallen back closer to 2.4%. source: usatoday