Rate hike expectations caused gold sell-off - Barclays Wealth
Investors are selling off gold because of fears interest rates will have to rise higher than expected, Barclays Wealth's Kevin Gardinier has said.
The gold price tumbled sharply in the past four weeks, as investors started a huge sell-off which sent the precious metal down around 15% from its high above $1,913 at the end of August. Selling picked...
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