Commodities

Gold Futures Settle Slightly Up As Data Shows Surprise Contraction In GDP

Gold prices moved in a tight band on Thursday before settling slightly up even as the dollar continued its move up north amid rising prospects of sharper interest rate hikes by the Federal Reserve.

Gold prices climbed higher after data showed a surprise contraction in the U.S. economy in the first quarter of 2022.

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by RTTNews Staff Writer

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