Gold Edges Lower as Investors Weigh Potential Fed Hike
Gold edged lower in Asian trade as markets weighed the possibility of another Federal Reserve rate increase later this year, according to OCBC Group Research's Christopher Wong.
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Gold edged lower in Asian trade as markets weighed the possibility of another Federal Reserve rate increase later this year, according to OCBC Group Research's Christopher Wong.
Dow E-minis were down 0.48%, S&P 500 futures 0.45% and Nasdaq 100 futures 0.86% at 07:17 a.m. ET. Crude jumped 4% to around $108 a barrel as investors weighed the conflict and its inflation impact.