Gold slips from one-week high as firm US dollar weighs
Spot gold fell 0.5% to $4,171.18 per ounce after reaching a one-week high earlier in the session. A firm dollar weighed on bullion as investors awaited US inflation data.
Gold retreated on Monday after reaching a one-week high earlier in the session. A firm US dollar pressured bullion as investors awaited US inflation data that could alter expectations for the Federal Reserve’s rate path. 18 per ounce.