Gold falls to over one-week low on firm dollar, Fed rate hike bets Reuters
Gold falls to over one-week low on firm dollar, Fed rate hike bets - Reuters
In short
Gold prices have dropped to an over one-week low amid a strengthening U.S. The decline comes as market expectations increase for further Federal Reserve interest rate hikes.
Key points
- Gold prices have dropped to an over one-week low amid a strengthening U.S.: Gold prices have dropped to an over one-week low amid a strengthening U.S.
- The decline comes as market expectations increase for further Federal Reserve interest ra…: The decline comes as market expectations increase for further Federal Reserve interest rate hikes.