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Gold slips as investors focus on Fed minutes

Por: CNBC Business February 22, 2023

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Gold prices fell marginally on Wednesday, as investors awaited minutes of the latest policy meeting to assess prospects of further interest rate hikes. was down less than 0.1% at $1,833.62 per ounce.  was flat at $1,842.30.Bullion is seen as a hedge against inflation, but rising interest rates dull the non-yielding asset's appeal.Gold is leaning on the ropes, but it's not doing too bad considering how high U.S. yields have moved... + full article



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