Our Gold View on www.marketwatch.com on 15th September 2022

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3 weeks ago
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Gold settles at a more than 2-year low as bets for more Fed rate hikes fuel dollar strength, rise in yields

Momentum and sentiment is also “very bearish” on expectations of a continued aggressive pace of Fed interest rate hikes at the central bank’s meetings in November and December, said Chintan Karnani, director of research at Insignia Consultants.

Gold settles at a more than 2-year low as bets for more Fed rate hikes fuel dollar strength, rise in yields - MarketWatch