The Traderszone Network

Published in TZ Latest News 18 July, 2014 by The TZ Newswire Staff

Gold Futures Up As Yields Trump Ukraine Crash

Gold futures fell for the first time in three days on Friday as speculation that the Federal Reserve will raise U.S. interest rates sooner than expected outweighed concerns that tensions between Ukraine and Russia will escalate. The Fed may have to raise its benchmark rate more quickly than planned as unemployment drops and inflation accelerates, James Bullard, president of the St. Louis Fed, said Thursday.

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