Gold falls to over two-month low on stronger dollar

Holdings in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.87% to 1,267.14 tonnes on Wednesday. Spot gold fell 0.3% to $1,858.08 per ounce by 0049 GMT. Prices earlier hit $1,853.32, the lowest level since July 22. U.S. gold futures were down 0.3% to $1,862.30.

from Markets-Economic Times https://ift.tt/33S7V9v