Gold drops 6% in May for 1st monthly loss this year – MarketWatch

Gold drops 6% in May for 1st monthly loss this year
MarketWatch
On Friday, gold declined by 0.5% after Federal Reserve Chairwoman Janet Yellen, during an interview at Harvard, said it’s appropriate for the Fed to gradually and cautiously increase the overnight interest rate over time. The Fed next meets in mid-June.
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