Gold drops to 3-week low on U.S. dollar strength, rate-hike fears - Business News, Finance News, Share Market News - Market trendz

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Friday 19 August 2022

Gold drops to 3-week low on U.S. dollar strength, rate-hike fears

The Fed needs to keep raising borrowing costs to bring high inflation under control, a string of U.S. central bank officials said on Thursday, even as they debated how fast and how high to lift them.

from Commodities-Markets-Economic Times
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