CNBC |
Gold loses shine as Fed rate hike looms
CNBC The Federal Reserve is widely expected to hike interest rates at its next policy meeting on Dec. 13-14, weighing on gold prices as the precious metal is not an interest-yielding asset. However, the hikes are unlikely to beat inflation, said Ned Naylor ... Jack Kemp's Gold Standard Act of 1984 Shows Us How It's Done Gold Falls After Strong US Data PRECIOUS-Gold hits 10-month low after biggest monthly drop in 3 years |
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