Gold prices fell today, Wednesday, to their lowest level since mid-March, amid expectations of further interest rate hikes by the US Federal Reserve this year.

And by 16:10 Moscow time, futures for the precious metal fell by 0.46% to $1915.4 per ounce.

At the same time, spot contracts for the yellow metal fell 0.21% to $1,907.22 an ounce, according to Bloomberg data.

Source: Bloomberg.

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Robin Jackson is the editor-in-chief at 24PalNews. As an editor and author who covers business and finance, Robin shares the latest business news, trends, and insights with his extensive audience.

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