Gold heads for worst quarter in more than a decade as retail frenzy fades Financial Times: Markets · 06-30 20:21
GOLD SET FOR WORST QUARTER SINCE 2013 Gold is on track for a 13% quarterly loss, its biggest decline in 13 years. The selloff is driven by expectations of higher U.S. interest rates, with markets pricing in multiple Federal Reserve rate hikes this year. Analysts say a stronger dollar, easing energy prices and higher-for-longer rates are likely to keep pressure on gold. *Walter Bloomberg (@DeItaone) / Twitter · 06-30 20:21