Gold drops 6% in May for 1st monthly loss this year – MarketWatch
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. Gold price dips below $1200 – is the rally now over? PRECIOUS-Gold gains ground but still set for biggest decline in 6 months Fool’s Gold Delirium |
