Gold flat, set for second weekly fall on bigger rate-hike fears - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Thursday, 23 June 2022

Gold flat, set for second weekly fall on bigger rate-hike fears

Gold prices have dropped about 0.9% this week. * The U.S. Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional," its chair Jerome Powell told lawmakers on Thursday, even as he acknowledged that sharply higher interest rates may push up unemployment.

from Commodities-Markets-Economic Times
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