Gold traders are now awaiting comments from Michelle Bowman later on Tuesday to assess the likelihood of an interest-rate move in December.(Photo source: Pexels) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Gold fell the most in a week as the dollar hit a multi-month high and traders considered the outlook for the Federal Reserve’s interest-rate policy.
A gauge of dollar is on course for its longest winning streak since July, weighing on commodities including gold that are priced in the greenback. Still, bullion has staged a power advance since late August as investors bet on further easy money by the Fed. Despite its recent steep declines, the precious metal is still up more than 50% this year. Any changes in the Fed’s rate path may derail bullion’s price rally as hig

NDTV Profit

The Hans India
Telangana Today
Zee Business
Mediaite
WMUR Politics
OK Magazine
FOX News Politics
RadarOnline
Post Register
The Hill Politics
New York Post
6abc Action News Sports