Gold dips to one-and-a-half-week low as investors await Fed cues
Market anticipates a modest move towards tapering talk, causing investors to reduce bullion, analyst says
14 June 2021 - 07:22
Bengaluru — Gold prices slipped on Monday to their lowest in more than a week, weighed down by a stronger dollar, while investors awaited cues from the Federal Reserve policy meeting this week with recent spikes in US consumer prices seen as a temporary blip.
Spot gold was down 0.6% at $1,864.58 per ounce, at 5.11am, its lowest since June 4...
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