Bullion veers up on US dollar frenzy pause


Gold prices jumped 1% on Tuesday as the dollar slipped, although expectations of more aggressive interest rate hikes by the U.S. Federal Reserve kept the metal closer to a 2-1/2-year trough.

Spot gold rose 1.1% to $1,639.94 per ounce as of 0726 GMT. Prices had hit an April 2020 low of...