Gold Slips as Dollar Rises on Hawkish Cues from Fed Officials

[ad_1] Last Updated: May 18, 2023, 00:11 IST The dollar’s jump, partly driven by Fed officials generally leaning hawkish overall,” has been weighing on the metals markets, said Jim Wyckoff, senior analyst at Kitco Metals. Spot gold dropped 0.4% to $1,981.29 per ounce by 12:10 p.m. EDT (1610 GMT) after touching its lowest since April … Read more