Bullion, peers remain on the downside on US dollar frenzy

12.07.2022

Gold prices fell on Monday, lingering near a recent nine-month low, after strong U.S. job market data last week boosted the dollar and the likelihood of another big rate hike by the Federal Reserve.

Spot gold was down 0.3% at $1,737.39 per ounce, as of 0930 GMT. U.S. gold futures also...