Strong dollar sets gold for worst monthly decline since September

January 31, 2022 12:44 PM

BENGALURU (REUTERS) – Gold prices fell for a fourth consecutive session on Monday (Jan 31) and were set for their biggest monthly drop since last September, as the US dollar strengthened ahead of key central bank meetings, making bullion more expensive for holders of other currencies.

Source : https://www.straitstimes.com/business/companies-markets/strong-dollar-sets-gold-for-worst-monthly-decline-since-september