Gold was little changed as traders weighed easing bets on an imminent Federal Reserve rate hike against a surge in oil prices that pushed Treasury yields higher. Gold opened the week higher as traders pared bets on the Federal Reserve raising interest rates this month after remarks by Chair Kevin Warsh. Key points and original sources are listed below.
- Gold was little changed as traders weighed easing bets on an imminent Federal Reserve rate hike against a surge in oil prices that pushed Treasury yields higher.S1
- Gold opened the week higher as traders pared bets on the Federal Reserve raising interest rates this month after remarks by Chair Kevin Warsh.S2