Gold falls on rising odds of Fed rate hike, stronger dollar
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4 Articles
The most liquid gold contract closed in fall on Monday (21), following the prospects for continuity in the monetary tightening by the Federal Reserve (Fed, the North American central bank). At Comex, metal division of the New York Stock Exchange (Nymex), the gold for December closed in fall of 0.93%, to US$ 4,383.90 per ounce-troy. The silver [...]
Gold prices fell on Monday as expectations of further tightening of monetary policy by the Federal Reserve in 2026 and signals in favor of tightening policy from other major central banks strengthened the dollar.
Gold fell as expectations for further tightening of monetary policy by the Fed this year and "hawkish" messages from other major central banks strengthened the dollar.
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