Why Fed Stimulus Fears Are Sinking The Price Of Gold And Buoying The Dollar

Описание

<p>Gold posted its largest quarterly loss in over 40 years amid fears the U.S. Federal Reserve may begin to scale back its stimulus program. Although gold rallied over 2 percent on Friday, the metal is still 23 percent lower for the second quarter. Friday&#39;s rally was gold’s biggest one-day gain since May 20. Gold&#39;s retreat since April saw the metal record its worst quarter since at least 1968 on continuing fears about the Fed tapering its quantitative easing program. </p>