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Gold hovers near five-week low as firm dollar, yields weigh

Gold hovers near five-week low as firm dollar, yields weigh

Aug 14 (Reuters) - Gold was near a more than five-week low on Monday, hurt by an elevated dollar and U.S. bond yields ahead of the Federal Reserve’s July meeting minutes this week that could shed light on the appetite for higher interest rates.

Spot gold was little changed at $1,913.50 per ounce by 1027 GMT, hitting its lowest level since July 7. U.S. gold futures were mostly flat at $1,946.00...[LINK]

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