Gold Posts Monthly Drop as Fed Rate Outlook Damps Its Appeal – Bloomberg
Bloomberg |
Gold Posts Monthly Drop as Fed Rate Outlook Damps Its Appeal
Bloomberg It’s the first time gold has dropped in August since 2009, with the metal generally climbing on jewelry demand ahead of the wedding and festival season in India, the largest consumer after China. Prices are down more than 3 percent this month after … Gold futures fall, set for first monthly decline since May Gold Falls to Two-Month Low on Worries Over Rate Increase Gold Prices Hit Two-Month Low as US Dollar Gains on Fed Outlook |