Gold hovers near 2-week low as dollar strength weighs

Gold prices edged lower on Monday near their lowest level in two weeks touched in the previous session as an elevated U.S. dollar continued to pressure demand for greenback-priced bullion. Spot gold was down 0.1% at $1,928.08 per ounce, as of 0033 GMT. U.S. gold futures were down 0.2% at $1,930.10.

Gold hovers near 2-week low as dollar strength weighs
Gold prices edged lower on Monday near their lowest level in two weeks touched in the previous session as an elevated U.S. dollar continued to pressure demand for greenback-priced bullion. Spot gold was down 0.1% at $1,928.08 per ounce, as of 0033 GMT. U.S. gold futures were down 0.2% at $1,930.10.