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Gold prices fall for second consecutive day amid Fed signals of potential rate hikes

Reuters +4 ·

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  1. 1Gold prices remained near $4,155 per ounce on Wednesday.
  2. 2New York Fed President John Williams mentioned that additional rate hikes could be appropriate this year.
  3. 3XAU/USD prices fell 0.2% to $4,154.63 per ounce as of 21:28 ET.

So what's the key point?

Gold prices have dropped for two days as the U.S. central bank suggested interest rates could rise further. Gold prices are currently trending down near $4,155 per ounce.

Source Reuters +4 · View original ↗

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