Gold Slides as High Inflation Keeps Fed Hawkish

September 20, 2022 11:18:17

Increasing inflation rates are impacting the price of gold. As the global energy crunch deepens, supply chain constraints continue and the cost of living rises, the Federal Reserve has become increasingly concerned about inflation.

Prices for gold went down last month after the latest U.S. inflation data revealed that the situation was worse than…

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