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Gold slips towards one-year lows as dollar recovers

Updated : July 23, 2018 07:22 PM IST

Gold has tumbled 10 percent since mid-April as a surge in the greenback made dollar-priced bullion more expensive for buyers with other currencies. 
The metal was given respite last week when US President Donald Trump branded the dollar's strength bad for the economy, knocking the currency down from one-year highs.
Trump, in a tweet, told Rouhani on Sunday to "NEVER, EVER THREATEN THE UNITED STATES AGAIN" after Rouhani said hostile US policies towards Tehran could lead to "the mother of all wars".
Gold slips towards one-year lows as dollar recovers
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