Gold hits one-week low, extends losses for third session on hawkish Fed minutes

Gold prices declined to a one-week low on Thursday, extending their fall for a third consecutive session on profit-taking after minutes from the US Federal Reserve’s latest meeting indicated that interest rates would stay higher for longer.

You are on Mint! India’s #1 news destination (Source: Press Gazette). To learn more about our business coverage and market insights Click Here!

Catch all the Commodity News and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.

More
Less

Published: 23 May 2024, 10:00 PM IST