Bullion down on resumed dollar frenzy


Gold prices slipped on Thursday, with bullion's outlook hurt by fears the U.S. Federal Reserve could go for a more aggressive interest rate hike this month to fight sky-rocketing inflation.

Spot gold fell 0.2% to $1,731.19 per ounce by 0312 GMT. U.S. gold futures dropped 0.5% to $1,727.30.

The dollar steadied close...