Gold slips on Fed policy tightening bets
Gold prices drifted lower as expectations that the US Federal Reserve could tighten policy further weighed on the metal. Spot gold fell 0.3 percent while investors focused on higher interest rates and strong US economic data.
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Xurve View
Gold drifted lower during Thursday morning trading as rising expectations of Federal Reserve policy tightening weighed on the metal. Spot prices fell 0.3% to $4,274.79 per ounce, while US futures declined 0.2% to $4,309.80.
