Gold slips as dollar firms; profit-taking resumes
Spot gold fell to $4,351.12 per ounce by 0903 GMT, as a firmer dollar and profit-taking after a late-last-week rally weighed on prices. US gold futures were down early in the session. Investors also watched escalating Middle East tensions.
Gold edged lower on Monday, pressured by a firmer dollar and profit-taking after a rally late last week, while market participants monitored escalating tensions in the Middle East. 12 per ounce by 0903 GMT. 8 per cent.