Gold costs withdrew on Monday morning from a three-month top hit in the past meeting, as the dollar and US security yields rose after a top US national broker cautioned that the Central bank isn’t ‘relaxing’ the battle against expansion yet.
Spot gold was 0.15 percent down at $1,760.95 per ounce, as of 9.10am UAE time.
In the UAE, gold costs fell one dirham for each gram at the launch of the business sectors on the main exchanging day of the week.
