Friday Gold News Highlights Gold Loses Some Sheen as Hawkish Fed Outweighs Softer Inflation
Gold prices retreated on Friday, as hawkish commennts on interest rate hikes by the Federal Reserve outweighed optimism over signs of cooling U.S. inflation. Gold was down 0.1% at $1,788.13 an ounce, while gold futures held around $1,803.50.
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