Gold Mining Industry Takes a Hit as Fed Rate Hike Looms Large
The price of gold bullion steadied this week, but continued to trade lower as a Fed rate hike gains ground. On Wednesday, 15 March 2017, the Fed will announce its decision vis-à-vis the federal funds rate. Analysts are expecting the Fed to pull the trigger with a 25-basis point rate hike to 0.75% – 1.00% … Continue reading Gold Mining Industry Takes a Hit as Fed Rate Hike Looms Large
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