Gold prices sank nearly 3% as traders priced in the chance for a 75-basis point Fed rate hike following Friday’s red-hot CPI data. Surging real yields spell more trouble for bullion prices.
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Gold prices sank nearly 3% as traders priced in the chance for a 75-basis point Fed rate hike following Friday’s red-hot CPI data. Surging real yields spell more trouble for bullion prices.