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Gold retreats on dollar's ascent as higher Fed rate bets prevail

Gold retreats on dollar's ascent as higher Fed rate bets prevail

Sep 27 (Reuters) - Gold fell to its lowest in over a month on Wednesday on the dollar’s ascent as markets braced for the prospect of interest rates staying elevated for longer.

Spot gold was down 0.3% at $1,895.13 per ounce by 0932 GMT, its lowest level since Aug. 22. U.S. gold futures eased 0.3% to $1,913.30...[LINK]

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