Pre. Settlement | N/A |
Settlement Date | 2022-09-28 |
Open | 2,146.50 |
Bid | 2,151.50 |
Last Price | 2,149.40 |
Day's Range | 2,150.00 - 2,166.00 |
Volume | |
Ask | 2,155.50 |
(Bloomberg) -- Gold slipped as the dollar advanced after latest data pointed to a still-healthy US labor market, potentially leaving the door open for the Federal Reserve to continue carrying out an aggressive path of interest rate hikes.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterBiden Called Cheney After Her Loss to Trump-Backed ChallengerAfter 2,240% Run, Tesla Visionary Leaves UK Fund B
Gold prices give up early gains to finish lower for a fourth straight session, settling at their lowest in three weeks.
Many investors are hesitant to buy individual commodities. But exchange-traded funds (ETFs) make commodities investing more accessible, opening the area up to a broader range of investors. Commodities can be a useful hedge against inflation, and they help diversify investment portfolios beyond more traditional stocks and bonds.