Gold flat as traders strap in for Fed decision - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 13 December 2022

Gold flat as traders strap in for Fed decision

Gold is traditionally known as a hedge against inflation but rising interest rates tend to dim the bullion's appeal as it increases the opportunity cost of holding the non-yielding asset.

from Commodities-Markets-Economic Times
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