• +1 (312) 549-9986

Gold $3,328.00 $6.86 0.21% Silver $32.57 $0.15 0.46% Platinum $975.90 $9.05 0.94% Palladium $970.85 $15.2 1.59%

Gold retreats on dollar's ascent as higher Fed rate bets prevail

Gold retreats on dollar's ascent as higher Fed rate bets prevail

Sep 27 (Reuters) - Gold fell to its lowest in over a month on Wednesday on the dollar’s ascent as markets braced for the prospect of interest rates staying elevated for longer.

Spot gold was down 0.3% at $1,895.13 per ounce by 0932 GMT, its lowest level since Aug. 22. U.S. gold futures eased 0.3% to $1,913.30...[LINK]

Leave your comment