Home Business & Finance Gold Holds Drop as Higher Oil, Bond Selloff Raise Rate-Hike Bets
Business & Finance

Gold Holds Drop as Higher Oil, Bond Selloff Raise Rate-Hike Bets

Key Points

Gold held a decline as attacks in the Middle East and a global bond selloff ratcheted up bets the Federal Reserve may need to raise interest rates to rein in inflation.

Gold held a decline as attacks in the Middle East and a global bond selloff ratcheted up bets the Federal Reserve may need to raise interest rates to rein in inflation.
Gold Holds Drop (ORG) Higher Oil (ORG) the Middle East (LOCATION) the Federal Reserve (ORG)
Originally published by Bloomberg Markets Read original →