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

Gold Edges Higher as Markets Dial Back Expectations for Fed Hike

Gold prices tick higher as markets scale back expectations for imminent interest-rate hikes by the Federal Reserve. A drop in U.S. Treasury yields overnight along with more cautious commentary from Fed officials is helping to support gold.

DXYGC

Gold prices edged higher as markets scaled back expectations for imminent interest-rate hikes by the Federal Reserve. S. Treasury yields overnight, along with more cautious commentary from Fed officials, helped support gold, while PCE inflation released earlier in the week came in be...