SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE M impact

Gold tumbles as Fed rate-hike bets rise

Gold prices fell on Monday, offsetting gains from Friday as forecasts for higher U.S. interest rates increased after recent inflation data, alongside concerns tied to Saudi supply disruption.

DJI

S. interest rate rose after recent inflation data. Supply disruption concerns also increased after Saudi Arabia announced closi…