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Gold Price Falls Hard as Rate Hike Expectations Intensify – Nasdaq

Ethan | May 25, 2016 | Latest | No Comments

Gold Price Falls Hard as Rate Hike Expectations Intensify
Nasdaq
Gold prices are poised to close down for the 6 th day in a row and in 12 of the last 18 trading sessions. This is a result of Fed trying to open the minds of traders to a summer rate hike. On May 16, when gold was trading at $1273 per ounce, there was …

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‘We anticipate further upside for gold by year-end’ – HSBC’s Sels and Ku – KITCO

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