Gold eases from key $2,000 mark as firm dollar dulls appeal - Business News, Finance News, Share Market News - Market trendz

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Tuesday 8 March 2022

Gold eases from key $2,000 mark as firm dollar dulls appeal

Gold prices slid from the key $2,000-per-ounce mark on Tuesday, as the U.S. dollar held firm near a multi-month peak, while palladium eased from record highs after investors took a breather as Russia-Ukraine talks hardly advanced. Spot gold was down 0.5% at $1,987.86 per ounce, as of 0223 GMT, after scaling a 1-1/2-year peak of $2,002.40 on Monday. U.S. gold futures were down 0.2% at $1,992.90.

from Commodities-Markets-Economic Times
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