interest rate

Seven MPC members voted to hold the 5.25 percent rate, while two preferred a 0.25 percentage point cut to 5 percent

Gold prices have lost around 6 percent from their record high on a stronger dollar and higher interest rates

U.S. producer prices surprisingly fell in May amid lower energy costs, indicating that inflation has subsided

Dollar index rose 0.17 percent, making greenback-priced gold less attractive to other currency holders
