Gold holds below $4,000 ahead of expected Fed rate hike
Briefing by News4U · First published
Bloomberg reported that gold held a drop below $4,000 an ounce, as persistent inflation and hawkish remarks from Federal Reserve officials fueled expectations for an interest-rate hike next month. [1]
Sources
- Gold Holds Below $4,000 as Market Looks Ahead to Fed Rate Hike
Bloomberg · · Summary only