Bullion gives way on rebounding greenback

28.10.2022

Gold prices eased on Thursday as the dollar advanced, offsetting support from expectations that the U.S. Federal Reserve might slow its rate hike pace after November.

Spot gold fell 0.3% to $1,658.77 per ounce by 12:55 p.m GMT, while U.S. gold futures slipped 0.4% to $1,662.30.

Gold prices were being pressured by...