Bullion veers up, posts record quarterly depreciation

04.10.2022

Gold prices gained on Friday, thanks to a softer dollar, but non-yielding bullion was headed for its biggest quarterly decline since March last year on an ongoing aggressive monetary policy stance by central banks worldwide.

Spot gold rose 0.7% to $1,671.68 per ounce by 0823 GMT. Prices are set for their...