Gold is falling because of the Fed – but not for the reason you think – Business Insider
|Business Insider |
Gold is falling because of the Fed – but not for the reason you think
Business Insider The price of gold dropped to a three-week low after the Fed released the minutes of its April meeting on May 18, suggesting it may lift interest rates in June. If U.S. employment figures are strong and inflation moves closer to the Fed’s 2 percent … Gold settles at more than 3-month low as Fed official reiterates hawkish view Gold Prices Pull Back Amid Interest Rate Concerns Gold little changed after ECB; US labour data in focus |