Gold Eases Off As Dollar Regains Ground

May 16, 2024, 10.13 PM | Source: Reuters
Gold Eases Off As Dollar Regains Ground

ILUSTRASI. Gold prices pulled back after earlier touching a near one-month high on Thursday as the dollar inched up.

GOLD - NEW YORK. Gold prices pulled back after earlier touching a near one-month high on Thursday as the dollar inched up, while cautious comments from a Federal Reserve official dampened investors' enthusiasm.

Spot gold fell 0.4% to $2,376.37 per ounce as of 1417 GMT, after hitting its highest since April 19 earlier in the session. Bullion rose over 1% on Wednesday.

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