Bullish gringo dollar pulls bullion down

16.08.2022

Gold dropped about 1.5% on Monday as a stronger dollar and recent hawkish comments from U.S. Federal Reserve officials eroded bullion's appeal, while another failed attempt to remain above the key psychological level of $1,800 put further pressure.

Spot gold slid to $1,773.85 per ounce by 1143 GMT, having hit its...