Gold slips as higher-for-longer Fed rates priced in
Spot gold edged lower, down 0.2% to $4,336.21/oz by 1:40 p.m. ET, as traders priced more restrictive US Federal Reserve policy this year and tracked the Middle East conflict.
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Spot gold edged lower, down 0.2% to $4,336.21/oz by 1:40 p.m. ET, as traders priced more restrictive US Federal Reserve policy this year and tracked the Middle East conflict.
Spot gold fell 0.6% to $4,319.39/oz by 0652 GMT as investors priced in higher-for-longer US rates while awaiting Fed comments.