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Gold Extends Losses on Dollar Strength and Traders Await Fed Minutes

Selasa, 16 Agustus 2022 | 16:58 WIB
Gold Extends Losses on Dollar Strength and Traders Await Fed Minutes

ILUSTRASI. Gold extended losses on Tuesday after posting its biggest drop in a month in the previous session, as a stronger dollar dented bullion's appeal REUTERS/Denis Balibouse/File Photo

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - Gold extended losses on Tuesday after posting its biggest drop in a month in the previous session, as a stronger dollar dented bullion's appeal, while investors watched for signs of further policy tightening by the US Federal Reserve.

Spot gold fell 0,2% to US$ 1.775,30 per ounce by 0909 GMT, after falling more than 1% on Monday. While US gold futures dropped 0,4% to US$ 1.790,20.


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