• +1 (312) 549-9986

Gold $4,546.86 $(19.9) -0.44% Silver $76.30 $(1.41) -1.82% Platinum $1,969.61 $(7.66) -0.39% Palladium $1,396.55 $(9.24) -0.66%

Gold slips as firm dollar counters bets for Fed pause

Gold slips as firm dollar counters bets for Fed pause

June 5 (Reuters) - Gold slipped on Monday as the dollar firmed after strong U.S. payrolls data last week, offsetting some of the support for zero-yield bullion from bets that the Federal Reserve may pause rate hikes in June.

Spot gold fell 0.4% to $1,939.44 per ounce by 1130 GMT, close to its lowest level since May 30. U.S. gold futures fell 0.7% to $1,956.40 per ounce...[LINK]

Leave your comment