Gold futures rose Tuesday as investors assessed the outlook for interest rates ahead of next week’s meeting of Federal Reserve policy makers.
Fed-funds... Gold futures rose Tuesday as investors assessed the outlook for interest rates ahead of next week’s meeting of Federal Reserve policy makers. Fed-funds futures traders have priced in a probability of less than 20% for a quarter percentage point rate hike in June, down from nearly 67% a week ago, but they still see a better than 60% chance that rates will rise by the end of the Fed’s July meeting.
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