Gold ends at 5-week low as Fed comments fuel bets on further interest-rate hikes – MarketWatch
MarketWatch |
Gold ends at 5-week low as Fed comments fuel bets on further interest-rate hikes
MarketWatch Gold prices marked their lowest settlement in five weeks on Tuesday, as comments from Federal Reserve officials raised expectations for further increases in interest rates this year. The U.S. dollar strengthened against that backdrop, dulling the … Fed Rate Hike Hits Gold Prices PRECIOUS-Gold hits hitting 5-week low on dollar rally Gold steadies but remains under pressure |