Bullion regains glitter as greenback retreats

04.10.2022

Gold prices edged higher on Monday, as the dollar weakened, although the gains were capped on fears of aggressive rate hikes by the U.S. Federal Reserve.

Spot gold was up 0.2% at $1,662.40 per ounce, as of 0852 GMT. U.S. gold futures were steady at $1,672.30.

The dollar fell 0.3% against its...