Gold Nears Lows on Fed Hike Bets
Gold prices traded near a two-week low on Monday as hawkish comments from Federal Reserve officials boosted rate hike expectations. Despite recent pullbacks, bullion remains on track for its biggest monthly gain since January.
Xurve View
Insights:
Xurve View
Gold hovered near a two-week low on Monday morning, falling to $4,555.19 per ounce as renewed United States–Iran clashes fueled inflation concerns. The pullback follows hawkish remarks from Federal Reserve officials regarding interest rates.
