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Gold flat as firm dollar, U.S. rate-hike outlook dent appeal

Por: CNBC Business October 11, 2022

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Gold products are on display in front of a jewellery store at a shopping area in Elazig, Turkiye.Berkcan Zengin Universal Images Group Getty ImagesGold prices were flat on Tuesday, pinned near a one-week low hit in the previous session, as a firmer dollar and the prospect of further oversized rate hikes by the U.S. sapped the zero-yielding asset's appeal. Fundamentals was flat at $1,668.29 per ounce, as of 0143 GMT. Prices fell 1.6% on... + full article



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