Bullion wages comeback as gringo dollar falters

18.05.2022

Gold rose on Tuesday as a retreat in the dollar helped bullion recover slightly from the last session's 3-1/2 month lows, but sentiment remained negative as further U.S. interest rate hikes loom.

Spot gold rose 0.5% to $1,832.30 per ounce by 1218 GMT, but traded in a relatively narrow range of...