Gold Sees Wildest Price Swings Since 2016

Gold Sees Wildest Price Swings Since 2016

Tuesday, July 09, 2019
The gold market is seeing the biggest price swings since late 2016 as traders and investors struggled to read when the FederalReserve may cut interest rates.

Bullion futures settled little changed in NewYork Monday just days after the metal surged near the highest since 2013 on bets the Fed will lower borrowing costs either at the end of this month or later.

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