Business

Gold Falls as Dollar Holds Firm on Fed Rate-Hike Expectations

Gold prices fell more than 1% on tuesday:old prices fell more than 1% on Tuesday, weighed down by a firmer US dollar on expectations of a Federal Reserve interest rate hike this year. Spot gold was down 1.1% to $4,142.61 per ounce, while US gold futur…

Dollar Holds Firm on US Rate-Hike Bets, Oil Rebounds

Doha: The US dollar held firm on Tuesday as traders braced for a Federal Reserve interest-rate hike and oil prices rebounded following steep losses, while the yen hovered near a four-decade low. The dollar index, which measures the greenback against a…