Early Fed rate hike bets hold back gold as virus woes weigh - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 4 January 2022

Early Fed rate hike bets hold back gold as virus woes weigh

Gold was flat in early Asian trade on Wednesday, as traders weighed prospects of early interest rate increases by the U.S. Federal Reserve against surging COVID-19 infections globally. Spot gold was little changed at $1,813.91 per ounce by 0133 GMT. U.S. gold futures were flat at $1,813.80.

from Commodities-Markets-Economic Times
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