Gold Weighed Down by Rising US Dollar
Hyperdash NewsCommoditiesGold prices eased as the US dollar strengthened, making the dollar-denominated commodity more expensive for international buyers. Spot gold fell 0.2% to $4,345.55 per ounce, while US gold futures for December delivery were up 0.2% at $4,383.10.
The dollar steadied near its strongest level in two months, reflecting expectations of prolonged elevated interest rates from major central banks to combat inflation. 
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