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Gold hovered near $4,380/oz, facing a third consecutive weekly drop as rising Fed rate-hike expectations lifted the US Dollar and Treasury yields. Hotter PPI data and crude oil topping $100/bbl on US…
Gold rebounded slightly as tumbling oil prices eased some inflation concerns, but it remains on track for a weekly loss. Hotter August consumer price data drove market expectations for a Federal Rese…
Fed Governor Michael Barr signaled readiness to support interest rate hikes if inflation fails to moderate toward the 2% target. With odds rising for a September tightening, Barr's comments echo othe…