Bullion and peers retreat as dollar veers up

27.01.2023

Gold prices dipped on Thursday as the dollar firmed, while investors awaited a host of U.S. economic data for clues on the Federal Reserve's strategy on interest rate hikes.

Spot gold fell 0.5% to $1,936.82 per ounce by 1159 GMT, after earlier hitting its highest since April 2022 at $1,949.09. U.S....