Gold prices have been fluctuating as the US dollar strengthens and yields rise, with investors awaiting key US data for rate hike clues. The British pound has dipped against the dollar amid this trend. Spot gold fell to $2294 per ounce, the lowest in two weeks, as the dollar gained strength. The metal hit over a two-week low due to the higher dollar and yields, denting its appeal. Gold prices continue to linger near the two-week low as investors await US inflation data.
Gold prices lingers near two-week low ahead of US inflation data https://t.co/nbIMgGJY1V https://t.co/YQqeAlyp58
#Gold falls to two-week low as higher US dollar, yields dent appeal https://t.co/Zv6UCtwDXs via @Reuters https://t.co/O5E84dhc7v
#Gold hits over 2-week low as higher US dollar, yields dent appeal https://t.co/Zv6UCtwDXs via @Reuters https://t.co/UpHzdCUqyn
SPOT GOLD FALLS 1.1% TO $2294/OZ, LOWEST IN TWO WEEKS
Gold falls near two-week low as dollar strengthens - Reuters https://t.co/LsUJJu5NFI
British pound dips as US dollar strengthens while traders await US data https://t.co/q82m4AfZLG via @Reuters
#Gold steady as investors await inflation report for rate hike clues https://t.co/Zv6UCtwDXs via @Reuters
#Gold slips as US dollar, yields gain; traders await more US data https://t.co/gpqsEQjIzW via @Reuters https://t.co/9eOBIwuk4B