VictoriaPark
Markets··1 min read

Gold Edges Higher as Lower Oil Prices Damp Chance of Rate Hikes

Gold prices rose slightly as oil prices fell, reducing the likelihood of additional interest-rate hikes by the Federal Reserve to combat inflation.

Gold Edges Higher as Lower Oil Prices Damp Chance of Rate Hikes

Gold prices rose slightly as oil prices fell, reducing the likelihood of additional interest-rate hikes by the Federal Reserve to combat inflation.

Sources

  • Bloomberg — Gold Edges Higher as Lower Oil Prices Damp Chance of Rate Hikes

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