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Gold prices hit 8-month low on Fed hike fears · NabkaNews

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Gold prices hit 8-month low on Fed hike fears

MSN·Jul 1

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

Gold prices have fallen to multi-month lows, with some reports indicating an 8-month low and others a 2-month low. The decline is attributed to fears of a federal rate hike, which has been bolstered by strong US jobs data. However, there are also reports of gold prices steadying or rising, potentially due to easing geopolitical tensions and inflation fears.

Full coverage

Gold losses ease after worst quarter in 13 years as interest rate fears hit bullion

Gold erases losses despite strong US jobs data as ceasefire hopes emerge

Gold And Silver Fall To 2-Month Lows

Gold hits more than two-month low as strong US jobs data boosts rate-hike bets

Gold rises 2% as Trump canceling Iran strikes eases inflation fears

Reuters·Jun 11

Gold steadies after hitting over 1-1/2-month low on robust yields

Yahoo Finance Singapore·May 18

Gold at Seven-Month Lows: Why Geopolitical Fear Is Not Enough

GoldSilver·Jun 11

Gold slips on rate-hike fears ahead of U.S. inflation data

View original report at MSN ↗