Gold Wavers as Traders Weigh Fed Rate Path After Tame Inflation
Gold wavered as traders weighed the Federal Reserve’s interest-rate path after weaker-than-expected US producer price data eased concerns about an imminent rate hike.
By Jack Ryan, Yihui Xie and Martin Alfonsin Larsen · Bloomberg Markets
Gold wavered as traders weighed the Federal Reserve’s interest-rate path after weaker-than-expected US producer price data eased concerns about an imminent rate hike.