Bullion holds position as silver spirals down

27.09.2022

Gold prices steadied after dropping to a 2-1/2-year low on Monday as the dollar rally took a breather, while analysts expected a further drop in prices with more interest rate hikes by the U.S. Federal Reserve looming.

Spot gold was little changed at $1,645.47 per ounce as of 0724 GMT. Prices...