Gold is considered a hedge against inflation, but rate hikes raise the opportunity cost of holding the non-yielding bullion.
from NDTV Profit-Latest https://ift.tt/HpbC91w
from NDTV Profit-Latest https://ift.tt/HpbC91w
Gold Set For Weekly Loss As Fed Hardens Inflation Stance
![Gold Set For Weekly Loss As Fed Hardens Inflation Stance]()
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December 16, 2022
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