Gold is trading lower amid a stronger U.S. dollar, as a global sell-off in technology stocks fueled concerns that interest rates may remain higher for longer, negating the need for an inflation hedge.

ALBILAD GOLD ETF
SPDR Gold

ALBILAD GOLD ETF

9405.SA

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SPDR Gold

GLD

0.00

Gold is trading lower amid a stronger U.S. dollar, as a global sell-off in technology stocks fueled concerns that interest rates may remain higher for longer, negating the need for an inflation hedge.