Gold Nears 9 Month Low As Looming Rate Hikes Lift Dollar
KONTAN.CO.ID - Gold prices fell on Monday, lingering near a recent nine-month low, after strong US job market data last week boosted the dollar and the likelihood of another big rate hike by the Federal Reserve.
Spot gold fell 0,4% to US$ 1.735,27 per ounce by 1239 GMT. US gold futures dipped 0,6% to US$ 1.732,60.
