Gold heads for biggest monthly drop since 2016 on Fed officials’ hawkish views

Gold heads for biggest monthly drop since 2016 on Fed officials’ hawkish views

Gold prices edged lower on Tuesday to hover near a one-week low hit in the previous session. It was headed for the biggest monthly drop in more than four years, weighed down by a firm dollar and concerns that the US Federal Reserve will tighten its monetary policy sooner than expected. Spot gold was down … Read more