Gold heads for steep weekly loss as oil prices fuel Fed rate concerns

· thehindubusinessline.com

Gold weakens on oil surge, fueling rate-hike fears; metals set for weekly declines ahead of Fed meeting and PCE data.

Gold eased on Friday, headed for its steepest weekly decline in over ⁠four months as elevated oil prices bolstered higher-for-longer interest rate expectation...


More AI market news · Market heatmap · StrategyVerse · Quant Research · WOBR.AI