Gold Slides to 2-week Low on US Rate Talk

Gold Slides to 2-week Low on US Rate TalkGold Silver Reports — Gold Slides to 2-week Low on US Rate Talk — Gold hit a two-week low as upbeat comments from Federal Reserve officials on the US economy boosted expectations that the central bank could lift interest rates sooner rather than later. Spot gold was down 0.3% at $1,336.99 an ounce at 1330 GMT, while US gold futures fell to $1,341.30 an ounce. — Neal Bhai Reports

Gold Slides to 2-week Low on US Rate Talk

Gold hit a two-week low as upbeat comments from Federal Reserve officials on the US economy boosted expectations that the central bank could lift interest rates sooner rather than later. Spot gold was down 0.3% at $1,336.99 an ounce at 1330 GMT, while US gold futures fell to $1,341.30 an ounce.

 

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