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Gold hits over seven-month low as dollar firms, rate hike bets rise · NabkaNews

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Gold hits over seven-month low as dollar firms, rate hike bets rise

CNBC·Jun 24

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Gold has fallen to a seven-month low, with prices dropping below $4,000. The decline is attributed to a strengthening dollar and rising bets on a rate hike, possibly due to a hawkish stance from the fed. Treasury yields are also firm, contributing to gold's losses.

Full coverage

Gold sinks below $4,000 to seven-month low as dollar surges

Gold And Silver Prices Fall To Seven-Month Lows

Hawkish Fed, Gold Below $4,000, Silver Below $60 — and a Market That Disagrees.

GoldSilver·Jun 24

Gold lingers near 7-month low on firm Treasury yields, rate hike bets

The Standard (HK)·Jul 1

Gold extends losses on Fed tightening outlook, dollar strength

The Economic Times·Jun 25

Gold hovers near 7-month low as firm Treasury yields, Fed rate outlook weigh

The Star·Jul 1

Gold & Silver Prices Hit 7-Month Lows: Why are Gold & Silver Falling?

Gold lingers near 7-month low as Fed hike bets boost dollar

NST Online·Jun 25

View original report at CNBC ↗