Gold rate today: Yellow metal tanks over 1% on hawkish US Fed - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

Post Top Ad

Wednesday, 26 January 2022

Gold rate today: Yellow metal tanks over 1% on hawkish US Fed

Gold is generally seen as an inflationary hedge, but it is highly sensitive to rising US interest rates, which increases the opportunity cost of holding non-interest bearing bullion.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

No comments:

Post a Comment

Post Bottom Ad