#fed-rate-hike
Shining bright! Gold, silver ETFs rise 2-3% as oil fall eclipses Fed hike
Analysts believe the bullion rose as the US Fed rate hike is largely discounted by the market. Meanwhile, a fall in oil prices for the third straight day softened inflation concerns.
Gold may fall to $3,800 on Fed hike risk; ETF outflows, weak Asia demand weigh – Deutsche Bank report
Gold could fall to $3,800 per ounce if markets price in multiple US Federal Reserve rate hikes, according to Deutsche Bank. Weak ETF inflows, soft Asian demand and subdued investment interest are weighing on bullion, even as a base case still sees upside if t…