Gold Prices Sink as Markets Bet Trump Heralds Steeper Rate Hikes

Gold prices are sinking as financial markets bet that inflationary policies by the incoming Trump administration will herald a steeper Fed rate hike cycle.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2016/11/11/Gold-Prices-Sink-as-Markets-Bet-Trump-Heralds-Steeper-Rate-Hikes.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:commodities