Gold futures ended sharply lower Thursday, marking the sharpest daily slump for the precious metal in over six weeks, a day after minutes from the Federal Reserve’s December gathering showed that officials thought rate increases could come sooner and possibly at a faster pace then they previously expected as inflation runs hot. Inflation is usually a boon for bullion but the prospect of higher rates is dulling the appeal of gold against Treasury yields, which also were seeing their rates rising. February gold GCG22,
Source: Marketwatch
