PRECIOUS-Gold erases losses after US rate hike expectations ease – Reuters
Wall Street Journal |
PRECIOUS-Gold erases losses after US rate hike expectations ease
Reuters Gold turns slightly positive after dovish Fed comment * Speculators raise bullish stance on gold and silver * Platinum, palladium tap lowest prices since July (Recasts, updates throughout; adds comment, second byline, NEW YORK dateline) By Marcy … Gold Pares Losses as Traders Consider Fed’s Tone on Interest Rate Raise Gold, Metals Slide as Bets on Higher U.S. Rates Erode Demand Gold to remain weak until Fed rate decision |