Gold stalls as firmer dollar counter slower rate-hike hopes - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 17 January 2023

Gold stalls as firmer dollar counter slower rate-hike hopes

The U.S. central bank raised rates by 75 basis points (bps) four times last year, before slowing to a 50 bps increase in December. Traders are mostly pricing in a 25 bps rate hike increase at the Fed's next policy meeting.

from Commodities-Markets-Economic Times
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