Bullion hits long-time low on monetary conditions

19.09.2022

Gold fell to its lowest level in nearly 2.5 years on Friday as the US dollar strengthened amid rising geopolitical and economic risks.

The bullion traded at $1,663.45 an ounce as of 4:40pm (GMT +4), the lowest since early April 2020 and eroded gains made last month when prices peaked at...