Gold settles at more than 3-month low as Fed official reiterates hawkish view – MarketWatch
|MarketWatch |
Gold settles at more than 3-month low as Fed official reiterates hawkish view
MarketWatch “Gold prices have been pressured by the prospects of higher rising rates and a rebound in the U.S. dollar. The Fed has been hinting that they would like to hike rates in June or July if economic data come in favorable,” said Ken Ford, president of … Gold Prices Pull Back Amid Interest Rate Concerns PRECIOUS-Gold little changed after ECB; US labor data in focus Gold Ends Weaker In Quieter Trading; US Jobs Data On Deck |