Gold Price Prediction – Gold Prices Face Losses for the Week on Bets of Aggressive Fed Rate Hikes
- Date: 14-May-2022
- Source: Yahoo News
- Sector:Economy
- Country:Middle East
Gold Price Prediction – Gold Prices Face Losses for the Week on Bets of Aggressive Fed Rate Hikes
Gold prices continued to decline as yields extended gains.
Investors placed bets on the size of upcoming rate hikes.
Treasury yields soared as equities rallied.