Gold Price Today: Bullion Slides as Dollar Firms and Oil Surge Dims Rate-Cut Hopes
Gold slid Thursday, unable to hold onto gains from its earlier bounce as a firmer dollar and rising oil prices pushed investors to sell. Spot gold dropped 1.1% to $4,455.51 an ounce as of 1515 GMT. U.S. April futures lost 2.2%, settling at $4,452.20.