Bullion flexes muscle as doubts over US monetary policy persist

08.09.2022

Gold eked out gains on Wednesday as bargain hunters took advantage of recent losses, although a robust dollar and prospects of aggressive interest rate hikes dominated sentiment.

Spot gold edged up 0.2% at $1,704.60 per ounce by 10:24 a.m. EST (1424 GMT), having earlier dropped to its lowest since Sept. 1 at...