Gold prices fell by more than 1% on a firmer US dollar and as persistent inflation fears kept interest rate hike expectations and US treasury yields high. Spot gold was down 1.4% at $4,504 per ounce.

Gold prices fell by more than 1% on a firmer US dollar and as persistent inflation fears kept interest rate hike expectations and US treasury yields high. Spot gold was down 1.4%…

Gold prices hit a 1-1/2-month low as rising U.S. yields and a strong dollar weigh on the market.

Gold prices dipped for a second week, pressured by escalating oil costs and growing inflation worries. Concerns over potential interest rate hikes by the U.S. Federal Reserve,…

Gold prices decline as a stronger dollar and rising oil prices increase expectations for Fed rate hikes.