Gold Edges Higher as Traders Ease Rate-Hike Bets on Warsh Speech
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Gold opened the week higher as traders pared bets on the Federal Reserve raising interest rates this month after remarks by Chair Kevin Warsh.
The comments from Warsh have led to a shift in market sentiment regarding the timing of future interest rate hikes.
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“Gold opened the week higher as traders pared bets on the Federal Reserve raising interest rates this month after remarks by Chair Kevin Warsh.”
Bloomberg — Gold Edges Higher as Traders Ease Rate-Hike Bets on Warsh Speech