Gold flat, set for weekly fall on hawkish Fed - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Thursday, 15 December 2022

Gold flat, set for weekly fall on hawkish Fed

Although gold is traditionally known as a hedge against inflation and economic uncertainties, higher interest rates tend to dim the bullion's appeal as it increases the opportunity cost of holding the non-yielding metal.

from Commodities-Markets-Economic Times
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