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Gold teeters on the brink of $1200/oz

Despite a slump in US stocks , a stronger dollar threatened to send gold below US$1200/oz

Kristie Batten
Image: iStock/Nuthawut Somsuk

Image: iStock/Nuthawut Somsuk

Tech shares led to a 2.8% fall in the NASDAQ, but the Dow Jones Industrial Average fell 2.3% and the S&P 500 lost nearly 2%. Oil dropped below $60 a barrel. It earlier rallied on OPEC plans to cut supply,...

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