| Concerns grow over potential Fed rate rise. Gold is heading for its first monthly drop since May, as angst grows that a second rate rise since last December from the US Federal Reserve will end a stellar rally that has sucked almost $13bn into the largest exchange traded fund backed by the yellow metal this year.
After a record year so far, flows into the SPDR Gold Shares are dipping this month in a sign of investors’ nervousness over whether gold can extend its 26 per cent gain this year, according to traders and analysts...............................................Full Article: Source
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