Gold bears retain control as Fed hike bets and Oil-driven inflation weigh
Gold (XAU/USD) kicks off the week on a bearish note as Federal Reserve (Fed) interest rate hike concerns dominate market sentiment following the blockbuster US employment report, with energy-driven inflation also in focus as tensions between the United States and Iran continue to simmer.
This is a summary aggregated from FXStreet. Read the complete article on the original site:
Read full article at FXStreet