Stock advisory Company, Gold holds losses on firmer dollar amid rate hike views
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Gold prices held on to losses from the previous session early on Thursday, after the precious metal fell to four-week lows on a firmer dollar amid expectations of more US interest rate hikes.
Fundamentals
Spot gold was down 0.2 percent at $1,315.22 an ounce, as of 0112 GMT. Prices touched their lowest since Jan. 10 at $1,311.66 on Wednesday.
US gold futures were up 0.2 percent at $1,317.40 per ounce.
US stocks finished lower on Wednesday, losing ground late in the session as a jump in Treasury yields kept investor nervousness high.
Wednesday's lower close in stocks followed another choppy trading session, suggesting that investors are still jittery after the recent steep selloff in equities.
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