Gold extends fall on stronger dollar, Fed rate-hike worries - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 15 August 2022

Gold extends fall on stronger dollar, Fed rate-hike worries

Investors now await minutes from the Fed's July meeting on Wednesday for clues on further rate hikes. Traders were pricing in around a 36.5% chance of a 75-basis-point rate hike by the Fed in September and a 63.5% chance of a 50 bps increase.

from Commodities-Markets-Economic Times
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