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Gold futures settled higher Wednesday after data showed U.S. wholesale prices eased in May, providing another sign that inflation pressures are abating.
Prices for the precious metal then declined in electronic trading, as the Federal Reserve left its key interest rate unchanged for the first time in more than a year, but pointed to more rate hikes this year.
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This article was written by Follow Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software...
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This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...
