Gold hits 3-week low as robust dollar, Fed rate-hike fears weigh
Updated: 19 Aug 2022, 08:29 AM IST
TL;DR.Spot gold was down 0.2% at $1,754.44 per ounce, as of 0156 GMT, after falling to its lowest since July 29 at $1,752.77 earlier in the session. For the week so far, the metal is down 2.6%.
FILE PHOTO: Gold bullion is displayed at GoldSilver Central's office in Singapore June 19, 2017. REUTERS/Edgar Su