Hawkish Fed surprise could knock down gold price next week
Hawkish Fed surprise could knock down gold price next week Even though gold is looking to end the week above $1,800 an ounce, there is a high chance for a move lower as the Federal Reserve can still surprise on the hawkish side, according to analysts. Despite the rally, the precious metal is trading essentially flat on the week, with February Comex gold futures last at $1,815 an ounce. All eyes are now on the November inflation figure after the…