Gold languishes near $4,100 as US Dollar hits one-year highs, PMIs beat forecasts

Gold (XAU/USD) trades on the back foot on Tuesday, pressured by a stronger US Dollar (USD) and rising expectations that the Federal Reserve (Fed) could raise interest rates later this year.

Gold languishes near $4,100 as US Dollar hits one-year highs, PMIs beat forecasts
Gold (XAU/USD) trades on the back foot on Tuesday, pressured by a stronger US Dollar (USD) and rising expectations that the Federal Reserve (Fed) could raise interest rates later this year.

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