Gold slips as Fed hike bets strengthen ahead of meeting
Spot gold fell 1.2% to $4,296.68/oz by 1216 GMT as expectations for a U.S. Fed rate hike this week strengthened after hot inflation data and rising oil prices.
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Spot gold fell 1.2% to $4,296.68/oz by 1216 GMT as expectations for a U.S. Fed rate hike this week strengthened after hot inflation data and rising oil prices.
Spot gold was down 0.9% at $4,308.24 per ounce by 0907 GMT, after hot inflation data and higher oil prices strengthened expectations of a Fed rate hike this week.