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Gold Falls From Record High On Hawkish Fed Comments

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Gold slipped from record highs touched the previous day after U.S. Federal Reserve officials tempered investor enthusiasm about potential interest-rate cuts.Spot gold dipped half a percent to $2,415.34 per ounce in European trade while U.S. gold futures were down 0.8 percent at $2,419.75.The dollar firmed up and Treasury yields climbed following hawkish comments from Federal Reserve officials. Fed...

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Market Analysis

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