scorecardresearchGold drops over 2% in selloff sparked by strong dollar

Gold drops over 2% in selloff sparked by strong dollar

Updated: 06 Jul 2022, 07:49 AM IST
TL;DR.
Spot gold was trading at $1,765.22 per ounce by 1:45 p.m. ET (1745 GMT), having earlier declined as much as 2.6%. U.S. gold futures settled down 2.1% at $1,763.9 per ounce.
FILE PHOTO: Gold bullion is displayed at GoldSilver Central's office in Singapore June 19, 2017. REUTERS/Edgar Su

FILE PHOTO: Gold bullion is displayed at GoldSilver Central's office in Singapore June 19, 2017. REUTERS/Edgar Su