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Home newsGold Gold prices drops after hawkish comments from Federal Reserve officials
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Gold prices drops after hawkish comments from Federal Reserve officials

by economypedia
written by economypedia

Gold prices drops after hawkish comments from Federal Reserve officials hinted that the aggressive interest rate procedures will continue in the coming period in order to reduce the inflation.

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Gold fell in spot transactions 0.20 percent to $ 1790.40 an ounce by 20 00 GMT, after it jumped to its highest level since the fifth of July after the release of consumer price index data in the United States.

While gold futures fell 0.3 percent to $1,806.50 an ounce.

 

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