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Gold inches lower on steady dollar, with focus on banking risks

Por: CNBC Business March 27, 2023

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Gold prices edged down for a second straight session on Monday as the U.S. dollar firmed, while authorities attempted to assuage investor fears of a widespread crisis in the global banking sector. was down 0.1% at $1,975.59 per ounce, as of 0350 GMT. fell 0.3% to $1,977.90. The dollar index was largely steady and made bullion less affordable for overseas buyers. Markets continue to adopt a cautious stance... On net, the mix of growth worries,... + full article



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