Gold Declines on Prospect of Rate Increases – Wall Street Journal
Wall Street Journal |
Gold Declines on Prospect of Rate Increases
Wall Street Journal LONDON—Gold extended its decline Thursday as markets adjusted to the prospect of more interest-rate hikes next year in the wake of the U.S. Federal Reserve’s meeting. The precious metal shed 0.4% to $1,131.75 a troy ounce in morning trade in London, … PRECIOUS-Gold slides to lowest since February as Fed strikes hawkish note Gold falls to over 10-month low as Fed signals more rate hikes Fed rate hike whacks gold |
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