Gold subdued on Fed comments after U.S. inflation data - CNBC


8/10/2022 12:00:00 AM2 years 8 months ago
by Reuters

Gold prices slipped on Thursday, as the dollar and Treasury yields rebounded after comments from Fed officials pointed to aggressive interest rate hikes.

Gold prices eased on Thursday from last session's one-month peak, weighed down by hawkish policy remarks by U.S. Federal Reserve officials even as data pointed to signs of inflation peaking. Spot go… [+1736 chars]

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