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Gold prices flat, set for weekly fall on hawkish Fed; Spot gold hits $1,776.85 per ounce
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. Read Full Story at source (may require registration) The post Gold prices flat, set for weekly fall on hawkish Fed; Spot gold hits $1,776.85 per ounce appeared first on ForexTV...
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Posted: Dec 16 2022, 02:14
Author Name: forextv
Views: 111855