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Gold prices edge lower on firmer dollar

Spot gold was down 0.2% at $1,752.66 per ounce, as of 0016 GMT. U.S. gold futures fell 0.1% to $1,751.80.

November 28, 2022 / 06:55 AM IST
Representative image

Representative image

Gold prices slipped on Monday, as a stronger U.S. dollar made the greenback-priced metal more expensive for buyers holding other currencies.

FUNDAMENTALS

* Spot gold was down 0.2% at $1,752.66 per ounce, as of 0016 GMT. U.S. gold futures fell 0.1% to $1,751.80.

* The dollar index was up 0.3%.