FXStreet · 1 min read

Gold: Oil-driven rate repricing weighs on bullion – ING

Gold: Oil-driven rate repricing weighs on bullion – ING

ING commodities strategists Warren Patterson and Ewa Manthey say Gold has slipped to a two‑week low below $4,300/oz as higher Oil prices revive concerns over US inflation and limit near‑term Federal Reserve easing.

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