• +1 (312) 549-9986

Gold $2,857.80 $14.5 0.51% Silver $32.33 $0.25 0.78% Platinum $975.55 $8.32 0.86% Palladium $994.30 $5.13 0.52%

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