Gold dips as higher dollar, US bond yields weigh

The Fed will likely deliver another 75 basis point (bp) interest rate hike in July, followed by a 50 bp rise in September, and won't scale back to quarter percentage point moves until November at the earliest, according to economists polled by Reuters.

Gold dips as higher dollar, US bond yields weigh
The Fed will likely deliver another 75 basis point (bp) interest rate hike in July, followed by a 50 bp rise in September, and won't scale back to quarter percentage point moves until November at the earliest, according to economists polled by Reuters.