Bullion sticks to lower end as US struggles with inflation

19.05.2022

Gold prices on Wednesday steadied near their lowest levels since late January pressured by a recovering dollar and an aggressive inflation stance from the U.S. Federal Reserve chief.

Spot gold was little changed at $1,815.39 per ounce, by 0831 GMT. U.S. gold futures slipped 0.2% to $1,814.70.

Gold has been consolidating since...