Gold hits 2-1/2-year low as dollar stands tall
Gold prices fell to a new 2-1/2-year low on Monday, weighed down by a sturdy dollar and prospects of further interest rate hikes by the U.S. Federal Reserve to bring down inflation. FUNDAMENTALS * Spot gold was down 0.3% at $1,638.59 per ounce, as of 0053 GMT, after hitting itsRead More