Markets

Gold hits near 6-week low as dollar firms, Korea fears ebb

Published April 30, 2018 Updated April 30, 2018 12:51pm

The metal slid 1 percent last week on the back of a stronger dollar and a rise in Treasury yields to above 3 percent, which weighed on interest in non-interest bearing assets.

Its retreat has left it on track to end April down 0.5 percent, erasing all the previous month's gains.

Copyright Reuters, 2018