Bullion reverses advance as US banking turmoil ebbs

17.03.2023

Gold prices eased on Tuesday, pausing their sharp rally driven by the U.S. banking crisis, as the dollar rebounded, while traders positioned for inflation data that could also influence the Federal Reserve's interest rate strategy.

Spot gold was down 0.5% at $1,903.20 per ounce, as of 0924 GMT. U.S. gold futures...