ENM: Gold falls 1% as Yellen signals US rate hike on track
SINGAPORE Gold dropped for a second straight session on Monday, slipping further from a three-week high, as the dollar climbed after Federal Reserve Chair Janet Yellen signaled the US central bank may be on course to raise interest rates later this year.
Bullion may be set to give up recent gains fueled by the Fed's March policy statement that it was prepared to move more slowly in hiking US rates than the market expected. The metal rose for ..
