scorecardresearchGold spikes amid strong expectations for an extraordinary fed rate hike

Gold spikes amid strong expectations for an extraordinary fed rate hike

Updated: 09 Sep 2022, 02:05 PM IST
TL;DR.
Gold advanced to the highest since late August, as the dollar weakened and expectations firmed for a super-sized interest rate increase from the Federal Reserve later this month.
Bullion has risen from around $1,700 an ounce earlier

Bullion has risen from around $1,700 an ounce earlier