Home Page : Archive News : December 2016 News : Gold loses shine as Fed rate hike looms | |
Gold loses shine as Fed rate hike looms | |
December 02, 2016 The Fed is expected to hike rates soon, weighing on gold, but the hikes are unlikely to beat inflation, said a fund manager. Source: http://www.cnbc.com/2016/12/01/gold-prices-pressured-as-prices-hit-10-month-lows-investors-may-be-ahead-of-the-curve.html |