Bullion & peers depreciate as bulls stick to cash

13.05.2022

Gold fell on Thursday, dragging other precious metals along, as the dollar scaled a fresh two-decade on renewed expectations the Federal Reserve would stick to its aggressive rate-hike roadmap.

Spot gold fell 0.3% to $1,846.56 per ounce by 1244 GMT. U.S. gold futures were down 0.5% at $1,844.30.

"Gold again has failed...