Bullion dips below $1,900/oz on thriving greenback

28.04.2022

Gold prices slipped 1% to a two-month low earlier on Wednesday as a rally in dollar on expectations of faster U.S. rate hikes dented the appeal of greenback-priced bullion.

Spot gold fell 0.6% at $1,894.96 per ounce as of 1001 GMT, having dropped to $1,886.09, a low since Feb. 25. U.S....