Metals Stocks: Gold prices retreat as Fed Powell expects more rate hikes ahead
Published
Gold prices edged lower on Wednesday as traders weighed Federal Reserve Chairman Jerome Powell’s latest remarks after the central bank held its policy interest rate steady last week but signaled there may be two more rate rises this year to lower U.S. inflation further. • Gold futures for August…
#federalreserve #jeromepowell #gold #gcq23 #comex #silver #sin23 #palladium #cme #treasury