Bullion veers up, stays below $1,900/oz mark

07.02.2023

Gold regained some ground on Monday as investors snapped up bullion after prices slid to a one-month low, betting on firm safe-haven demand as recession risks linger and with expectations of smaller U.S. interest rate hikes.

Spot gold rose 0.4% to $1,872.59 per ounce by 1201 GMT, after hitting its lowest...