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.
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Gold rises as investors digest Fed hike; oil rally stalls
Spot gold gained after the Fed’s rate-hike and further-tightening signal; an earlier oil rally lost momentum.