Synopsis Gold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve interest rate h...
Gold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce. This decline is attributed to a robust dollar and the anticipation of Federal Reserve interest rate hikes. The market is reacting to concerns over tighter monetary policy, driving gold downwards.
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