Gold rate today: Yellow metal falls from record high as investors trim positions - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 17 January 2023

Gold rate today: Yellow metal falls from record high as investors trim positions

Citigroup Inc Chief Executive Officer Jane Fraser said in an interview with CNBC that the US Federal Reserve could slow rate hikes in late spring or early summer. In a low-interest rate regime, lesser returns on interest-bearing assets such as bonds turn gold attractive.

from Commodities-Markets-Economic Times
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