PRECIOUS-Gold hits one-week low on US rate hike prospects – Reuters

PRECIOUS-Gold hits one-week low on US rate hike prospects
Reuters
Aug 22 Gold fell on Monday to its lowest in over a week as the dollar strengthened after comments from U.S. Federal Reserve officials increased bets on a U.S. rate hike this year. FUNDAMENTALS * Spot gold was down 0.3 percent at $1,337.12 an ounce at …

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