Gold Extends Weekly Losing Run Amid 'Hawkish' Fed Commentary – Bloomberg


Bloomberg
Gold Extends Weekly Losing Run Amid ‘Hawkish’ Fed Commentary
Bloomberg
Gold rallied to a 15-month high earlier in May on expectations that the Fed would keep rates lower for longer amid risks to the global economy, adding to the appeal of owning non-interest-bearing assets. As the likelihood of a rate move increased, the
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