On Monday, spot gold was down 0.1% at US$1,214.84 an ounce at 0916 GMT, having earlier touched a low of USUS$1,208.36. With US long-term real yields and the dollar continuing to rise, gold prices will remain under pressure - Reuters Photo.
LONDON: Gold slid to its weakest since early January and silver to a four-year low on Monday as speculation that the Federal Reserve will start its rate-tightening cycle sooner than expected fuelled selling of precious metals.
Losses were limited as the dollar took a breather after hitting four-year highs against a currency basket on Friday, and European stocks fell.
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