Bullion holds out, braving greenback frenzy

13.07.2022

Gold steadied on Tuesday after dropping to a nine-month low earlier as investors positioned for U.S. economic data, with a strong dollar and bets for steep interest rate hikes still keeping a leash on non-yielding bullion.

Spot gold was little changed at $1,734.59 per ounce by 0916 GMT after hitting $1,722.36...