Gold Prices Dip as US Dollar Gains Ahead of Fed Policy Minutes
Analysis
China Gold Reserves
Fed Minutes
Federal Reserve
gold prices
precious metals
Rate Hikes
spot gold
US Dollar
TLDR: Spot gold fell 0.8% to $4,130.37 per ounce as the US dollar index rose 0.3% during Wednesday trading. Traders still price in an 88% chance of a Fed rate hike by December, per the CME FedWatch tool. China’s central bank extended its gold buying streak to a 23rd consecutive month in September. LBMA conference [...]
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