Bullion falters on cash frenzy

02.09.2022

Gold slipped to its lowest level in more than a month on Thursday, as investors anticipate further interest rate hikes.

Spot gold was trading at $1,706.4 an ounce as of 11:08am (UAE time), the lowest since July 21, when prices were at a little over $1,700 an ounce.

According to analysts, rate...