Gold Holds Decline as Yellen Clarifies Remarks on Interest Rates

Reading Time: < 1 minute

Gold held a drop after Treasury Secretary Janet Yellen clarified comments on borrowing costs and inflation that had earlier ruffled financial markets. Yellen said Tuesday afternoon she wasn’t forecasting interest-rate increases to rein in any inflation spurred by President Joe Biden’s proposed spending.

Share on

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Menu