Gold hits 6-week trough on stronger dollar, rate-hike worries
Updated: 01 Sep 2022, 09:39 AM IST
TL;DR.Spot gold was down 0.4% at $1,704.69 per ounce, as of 0325 GMT, after hitting its lowest since July 21 at $1,701.10 earlier in the day. U.S. gold futures shed 0.6% to $1,715.60.
Gold prices in India struggled near ₹50,000 per 10 gram while silver rates hovered near ₹52,395 per kg