Bullion remains on lower end as paper markets surge

29.04.2022

Gold prices hovered near their lowest level in two months on Thursday, as expectations of aggressive U.S. policy tightening spurred the dollar and added pressure on non-yielding bullion.

Spot gold was up 0.1% at $1,888.50 per ounce, as of 1004 GMT. It hit $1,871.81, its lowest since Feb. 17 earlier in...