Overpriced greenback keeps bullion on downside


Gold prices hit a near seven-month trough on Wednesday as a stronger dollar and increasing rate-hike bets dented the zero-yielding bullion's appeal.

Spot gold eased 0.1% to $1,762.70 per ounce by 1208 GMT, after falling as much as 2.6% on Tuesday. U.S. gold futures were down 0.1% at $1,761.70. The rival...