Yellen Surprises Hedge Funds Who Cut Gold Bets Before Rally – Bloomberg
Bloomberg |
Yellen Surprises Hedge Funds Who Cut Gold Bets Before Rally
Bloomberg Gold, which climbed through the first two months of the year, had foundered in March as the prospect of higher borrowing costs curbed the appeal of non-interest-bearing assets. Yellen’s remarks came as the Bank of Japan maintains its unprecedented … PRECIOUS-Gold holds firm as Fed rate hike guidance weighs on dollar Gold, sliver edge higher; yellow metal seen hitting Rs 28800 level soon Gold gains sheen on weak dollar |