Gold slips 0.4% from one-week high as firm dollar weighs
Spot gold fell 0.4% to $4,176.86 per ounce on Monday after reaching a one-week high earlier in the session. A firm US dollar weighed on bullion as investors awaited US inflation data.
Gold fell on Monday after reaching a one-week high earlier in the session. A firm dollar pressured bullion as investors awaited US inflation data that could alter expectations for the Federal Reserve’s rate path. 86 per ounce.