Bullion veers up on faltering gringo dollar

15.06.2022

Gold prices steadied on Tuesday after sharp early losses as a rally in the dollar paused, but gains were capped by expectations of steep rate hikes from the Federal Reserve.

Spot gold rose 0.1% to $1,820.70 per ounce by 1121 GMT, after earlier touching its lowest since May 19 at $1,810.90....