US Fed rate hikes continue to halt gold’s uptrend - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Sunday, 18 December 2022

US Fed rate hikes continue to halt gold’s uptrend

In the key London market, though prices revisited their all-time of $2070 an ounce in March, it broadly traded choppy with negative rest of the year. Russian invasion of Ukraine, the multi-year high US dollar, and aggressive policy measures taken by central banks across the globe influenced the trend of the yellow metal.

from Commodities-Markets-Economic Times
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