Gold dips as stronger dollar, yields dent appeal - Business News, Finance News, Share Market News - Market trendz

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Wednesday 6 April 2022

Gold dips as stronger dollar, yields dent appeal

Gold eased on Wednesday as hawkish comments from U.S. Federal Reserve officials boosted the dollar and Treasury yields to multi-year highs, denting the safe-haven metal's appeal. Spot gold was down 0.2% at $1,920.87 per ounce, as of 0114 GMT. U.S. gold futures fell 0.3% to $1,920.90.

from Commodities-Markets-Economic Times
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