Gold declines after Fed rate increase
Analysts expected a temporary decline in the price of gold as the U.S. interest rate decision approaches, with the price falling to its lowest levels. This comes amid ongoing expectations of a rate hike by the U.S. Federal Reserve, which puts pressure on gold prices. Additionally, the decrease in Israeli interest rates is affecting the shekel, while violations by the occupation continue in Gaza amidst ongoing casualties and security incidents.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)