Bullion retreats on fresh gringo dollar surge


Gold prices were subdued on Wednesday, as the U.S. dollar strengthened after hawkish comments from a Federal Reserve official kept investors cautious ahead of Jackson Hole symposium due later this week.

Spot gold was down 0.1% at $1,746.18 per ounce, as of 0712 GMT, after rising 0.7% in the previous session.