Gold drops to over 1-month low as rate-hike bets fuel dollar
Ingots of 99.99 percent pure gold are placed in a workroom at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. REUTERS/Alexander ManzyukAlexander Manzyuk | ReutersGold prices dropped to their lowest in over a month on Wednesday, weighed down by a stronger dollar as better-than-expected U.S. economic data raised worries […]
Gold eases on firm dollar as U.S. inflation test looms
Ingots of 99.99 percent pure gold are placed in a workroom at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. REUTERS/Alexander ManzyukAlexander Manzyuk | ReutersGold prices inched lower as the dollar firmed on Monday, although traders held off on big bets as they positioned themselves for key U.S. inflation […]