Bullion and peers on losing ends on US interest rate hike

20.09.2022

Gold prices slipped on Monday, pressured by a firmer dollar as investors braced for aggressive interest rate hikes by the U.S. Federal Reserve and other central banks this week in an effort to tame high inflation.

Spot gold was down 0.8% at $1,661.65 an ounce at 0724 GMT. U.S. gold futures...