December 1, 2022

Gold falls on Fed fee hike prospects, on monitor for weekly

Reuters

Russia halts Ukraine Black Sea grain exports citing

Article content material

Gold costs fell on Friday and had been sure for a weekly dip following indications from U.S. Federal Reserve officers that extra rate of interest hikes had been due because the financial institution seeks to decrease inflation.

Spot gold fell 0.7% to $1,748.84 per ounce by 2:08 p.m. ET (1908 GMT), set for a weekly decline…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *