Bullion draws strength from sliding gringo dollar

24.09.2021

Gold firmed on Thursday as the dollar gave up some gains that were driven by the U.S. central bank signalling faster-than-expected interest rate hikes, but receding fears over the Evergrande crisis limited interest for safe-haven bullion.

Spot gold was 0.3% higher at $1,772.62 per ounce by 1213 GMT, while U.S. gold...