Gold rises after Fed hike; oil rally stalls
Spot gold was up 1.2% at $4,314.64/oz as investors digested the Fed’s rate hike and potential further tightening, while an earlier oil rally faded.
S. Federal Reserve’s interest rate hike and its indication that further policy tightening could follow, while an earlier advance in oil prices faded. 64 per ounce, as of 0710 GMT, after hitting…