Gold Steadies After Tumbling as Warsh Spurs Fed Rate-Hike Bets
Gold steadied after falling more than 3% on Friday as US Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation lifted bets the US central bank will raise interest rates.
<p>Gold steadied after falling more than 3% on Friday as US Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation lifted bets the US central bank will raise interest rates.</p>