Gold Slides to 9-Month Low as Investors Turn to Dollar as Haven
Updated: 12 Jul 2022, 08:12 AM IST
TL;DR.Gold extended a decline as the dollar strengthened ahead of US inflation data later this week that could influence the size of the Federal Reserve’s rate hike.
FILE PHOTO: Gold bullion is displayed at GoldSilver Central's office in Singapore June 19, 2017. REUTERS/Edgar Su