Gold Holds Drop as Higher Oil and Hot US Data Fan Rate-Hike Bets
Gold held a decline as resurgent energy prices and stronger-than-expected US economic data increased bets the Federal Reserve might again raise interest rates to combat inflation.
By Yihui Xie · Bloomberg Markets
Gold held a decline as resurgent energy prices and stronger-than-expected US economic data increased bets the Federal Reserve might again raise interest rates to combat inflation.