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Gold pulls back on dollar strength, hawkish Fed view

Por: CNBC Business September 29, 2022

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A display of gold ornaments at a gold shop in Chinatown, Bangkok, Thailand, 10 March 2022.Anusak Laowilas Nurphoto Getty ImagesGold prices retreated on Thursday, as prospects for more U.S. interest rate hikes and a subdued outlook for global economic growth bolstered the dollar. was down 0.3% at $1,653.79 per ounce, as of 0404 GMT, after rising about 2% in its biggest daily gain since March on Wednesday. slipped 0.5% to $1,662.40.related... + full article



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