Commodities & currencyFinancial Express
Gold rate climbs after 3% drop as Fed hike bets surge
Neutral0
GreyOak summary
Gold prices recovered 0.3% to $4,044.56 per ounce after a 3% prior decline. The rebound was limited by stronger-than-expected US inflation data, which increased expectations for a Federal Reserve rate hike in December. In India, spot silver rose 1.69% and MCX Gold Futures gained nearly 1%.
What it affects
- GoldNeutral 0
Gold rose 0.3% to $4,044.56Rolling sentiment Neutral +13
