Gold Hits $4,414 as Market Prices Out September Fed Hike Before July CPI
Gold rose to $4,414.63 an ounce, up about 1.1%, on Wednesday morning, hours before the July inflation report. The climb had a single driver: the market was steadily pricing out the chance of a Federal Reserve rate hike in September, and gold, which pays no yield, gains most when the case for
LucasBennett·08-12 16:54
