Gold slips 0.5% to $4,000.54 as Fed hike bets strengthen
Spot gold was down 0.5% at $4,000.54 per ounce by 0511 GMT, as higher oil prices and robust US inflation data strengthened the case for another Fed rate hike later this year.
Spot gold was down 0.5% at $4,000.54 per ounce by 0511 GMT, as higher oil prices and robust US inflation data strengthened the case for another Fed rate hike later this year.