Gold subdued on dollar strength as markets await economic data
The dollar strengthened after a Federal Reserve survey showed U.S. banks reported tighter credit standards and weaker loan demand from both businesses and consumers during the second quarter, evidence that the central bank's rate-hike campaign is slowing the nation's financial gears as intended.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
