Gold sinks below closely watched $1300 after Fed's rate-hike hint – MarketWatch
MarketWatch |
Gold sinks below closely watched $1300 after Fed’s rate-hike hint
MarketWatch Gold prices dropped on Thursday, set to settle below $1,300 for the first time in September after the U.S. Federal Reserve hinted that interest rates will go up in December. Gold for December delivery GCZ7, -1.53% slid $22.30, or 1.7%, to $1,294.10 an … PRECIOUS-Gold slips to near 4-week low as Fed flags December rate hike Gold slips to near 4-week low as Fed flags December rate hike Hawkish Fed Meeting Hammers Gold, Silver |