Gold Bulls Flee at Fastest Pace Since May on U.S. Rate Outlook – Bloomberg

Gold Bulls Flee at Fastest Pace Since May on U.S. Rate Outlook
Bloomberg
Open interest in gold futures is slumping. Prices for silver, platinum and palladium have also declined. Higher rates reduce the appeal of precious metals as a store of value. A resilient U.S. job market and gains for the service economy have signaled …

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