12 C
New York
Monday, October 3, 2022

Buy now


Gold Heads for Fifth Monthly Drop as Fed Stays Hawkish on Rates

Spot gold was little changed at $1,723.59 an ounce as of 9:17 a.m. in Singapore, and was down 2.4% for August. Prices fell to $1,720.45 on Monday, the lowest level since July 27. The Bloomberg Dollar Spot Index edged lower after rising 0.1% in the previous session. Silver and palladium dropped, while platinum was steady.

Source link

Related Articles

Stay Connected

- Advertisement -spot_img

Latest Articles