Gold Edges Lower as Firm Dollar and Elevated Yields Weigh
Gold prices edged lower on Monday as a firm dollar and elevated US Treasury yields pressured prices. Investors awaited the Federal Reserve's policy decision next week; officials were expected to leave rates unchanged.
Gold prices slipped on Monday as a firm dollar and elevated US Treasury yields weighed on the metal. Investors were also awaiting the Federal Reserve’s policy decision next week, with officials expected to leave interest rates unchanged. Spot gold TVC:GOLD fell 0.5%.