U.S. Rate Hike Won't Spoil Appetite for Gold, State Street Says – Bloomberg

U.S. Rate Hike Won’t Spoil Appetite for Gold, State Street Says
Bloomberg
Holdings in gold-backed ETFs are heading for a third quarterly gain, the longest streak since 2012, even as the odds of a rate increase in September rise, data compiled by Bloomberg show. Investors have already poured $12.4 billion into SPDR Gold …
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