Hawkish Fed Defined January’s Gold Performance

Sprott market strategist Paul Wong issued a new monthly report delving into gold’s performance in January. Spot gold shed $32.03 of value, or 1.75%, closing the month at $1,797.17/oz. The yellow metal had nearly hit $1,850 before a particularly hawkish January Federal Open Market Committee meeting caused it to tumble more than $50 as the […] Read more at ETFtrends.com.