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

  1. Gold Holds Below $4,000 as Market Looks Ahead to Fed Rate Hike

    Bloomberg · · Summary only

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