Gold Holds Drop as Higher Oil and Hot US Data Fan Rate-Hike Bets
Gold held a decline as resurgent energy prices and stronger-than-expected US economic data increased bets the Federal Reserve might again raise interest rates to combat inflation.
Gold held a decline as resurgent energy prices and stronger-than-expected US economic data increased bets the Federal Reserve might again raise interest rates to combat inflation.
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Gold held a decline as resurgent energy prices and stronger-than-expected US economic data increased bets the Federal Reserve might again raise interest rates to combat inflation.
Gold was set to end to the week lower as elevated energy prices continued to fuel expectations the Federal Reserve will need to raise interest rates further to combat inflation.