Bullion, peers gain ground on inflation resilience hopes

19.07.2022

Gold prices rose on Monday, helped by a slight pullback in the U.S. dollar and as investors dialled down bets of a 100-basis-point interest rate hike by the Federal Reserve this month.

Spot gold had climbed 0.4% to $1,713.49 per ounce by 0254 GMT, after falling to its lowest in nearly...