Gold Dips 1.36% This Week on Stable Dollar, Fed Rate Hike Expectations

New Delhi, May 30 (IANS): Gold prices dipped 1.36 per cent during the week as a stable dollar and stronger-than-expected US inflation data reinforced expectations that the US Federal Reserve may raise interest rates later this year. On Friday, MCX gold June futures dipped 0.59 per cent while MCX silver May futures lost 0.94 per [...] The post Gold Dips 1.36% This Week on Stable Dollar, Fed Rate Hike Expectations first appeared on Nagaland Post .