Gold retreated on Monday as a stronger dollar weighed on precious metals, with spot gold down 0.5% to $4,174.23 an ounce, ADVFN reports via Yahoo Finance. The dollar index gained 0.1% to 102.31, making dollar-denominated bullion more expensive for buyers using other currencies, while silver, platinum and palladium also weakened.
Investors are weighing a claimed Russia-Ukraine energy ceasefire, renewed Middle East violence — including a reported Houthi attack on Riyadh's King Khalid International Airport — and what they mean for inflation and interest-rate expectations.
