ENM: Gold falls to one-week low on stronger dollar, US rate outlook
LONDON: Gold fell to the lowest in more than a week as the dollar strengthened and improving economic data backed the case for US policy makers to raise interest rates.
Gold for immediate delivery fell 0.5 per cent to $1,180.32 an ounce, the lowest since March 20. Silver dropped as much as 1.7 per cent to $16.453 an ounce, the lowest since March 20.
The Bloomberg Dollar Spot Index rose for the fourth day after data on Monday showed pending sales of US homes rose more than fo ..
