Gold futures finished lower on Wednesday, pressured by a stronger U.S. dollar and calls from some Federal Reserve officials for further interest-rate hikes, but prices held their ground above the key $2,000 mark at the settlement.
Price action
Market drivers
Gold futures have spent some time trading below $2,000 an ounce. The dip in prices followed hawkish comments by Fed officials about the need for more interest-rate hikes, said Rupert Rowling, market analyst at Kinesis Money.
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