Bullion surges on rising greenback


Gold fell 1% on Monday pressured by a firmer U.S. dollar, after Federal Reserve Governor Christopher Waller warned markets that the central bank was not softening its fight against inflation.

Spot gold was last down 0.7% at $1,759.09 per ounce, as of 1313 GMT. U.S. gold futures dropped 0.4% to $1,762.70.