Gold logs lowest finish in a month—adds to drop as Fed points to rate hikes – MarketWatch
MarketWatch |
Gold logs lowest finish in a month—adds to drop as Fed points to rate hikes
MarketWatch June gold GCM7, -0.96% was at $1,247.50 an ounce in electronic trading, just over a half-hour after the Fed news, but it had climbed above $1,250 in the immediate aftermath. Prices had fallen by $8.50, or 0.7%, to settle at $1,248.50 an ounce for the … PRECIOUS-Gold hits 6-week low on Fed rate hike concerns Gold hits 6-week low on Fed rate hike concerns Slightly stronger gold remains near six-week low |
