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Indebta > Investing > Gold settles higher, then moves lower after Fed rate-hike decision
Investing

Gold settles higher, then moves lower after Fed rate-hike decision

News Room
Last updated: 2023/05/06 at 10:32 AM
By News Room
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Gold futures finished Wednesday with a second straight gain, as economic uncertainty and banking sector worries lifted haven demand for the precious metal.

Contents
Price actionMarket drivers

Gold prices then slipped in electronic trading in the minutes after the Federal Reserve’s latest decision to raise interest rates.

Price action

Market drivers

Gold and…

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News Room May 6, 2023 May 6, 2023
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How a decade-old Italian scandal landed at door of Deutsche Bank’s CEO

Deutsche Bank chief executive Christian Sewing has become embroiled in a €152mn…

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Stay informed with free updatesSimply sign up to the EU trade myFT…

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