Gold prices were flat on Wednesday as hawkish comments from U.S. Federal Reserve officials bolstered the dollar and Treasury yields to multi-year highs, denting bullion’s safe-haven demand and offsetting support from uncertainty around the Ukraine war.
Spot gold was flat at $1,922.59 per ounce, as of 3:20 a.m. GMT, after declining 0.4 percent earlier in the session. U.S. gold futures were down 0.1 percent to $1,926.20.
