{"id":233969,"date":"2023-06-23T20:46:36","date_gmt":"2023-06-23T12:46:36","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=233969"},"modified":"2023-06-27T15:29:16","modified_gmt":"2023-06-27T07:29:16","slug":"gold-price-hits-three-month-low-following-powells-rate-hike-hint","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/zh-hans\/gold-price-hits-three-month-low-following-powells-rate-hike-hint\/","title":{"rendered":"Gold Price Hits Three-Month Low Following Powell\u2019s Rate Hike Hint"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;CNR NEWSLETTER&#8221; module_class=&#8221;cnl-wrapper&#8221; _builder_version=&#8221;4.16&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;Header&#8221; module_class=&#8221;cnr-nl-header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-header\">\n<div class=\"cnl-type\">NATURAL RESOURCES<\/div>\n<div class=\"cnl-issue\">News<\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-logo\">\n<img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo.jpg\" alt=\"Charltons Natural Resources\" \/>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.21.0&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-banner\">\n<div class=\"cnl-banner-image\"><img decoding=\"async\" src=\"\/legal\/news\/2023\/06\/gold-price-hits-three-month-low-following-powells-rate-hike-hint.jpg\" alt=\"Gold Price Hits Three-Month Low Following Powell\u2019s Rate Hike Hint\" \/><\/div>\n<div class=\"cnl-title\" style=\"background-color:rgba(0,0,0,0.2)\">\n<div>\n<span>6 \u6708 2023<\/span>\n<h1>Gold Price Hits Three-Month Low Following Powell\u2019s Rate Hike Hint<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<p>&nbsp;<\/p>\n<p>Federal Reserve Chair Jerome Powell\u2019s suggestion of potential more rate hikes has led to a drop in gold prices on 22 June, reaching a three-month low. Spot gold decreased by nearly 1%, and US gold futures also fell by 1.1%. David Meger, director of Metals Trading at High Ridge Futures, attributes this decline to anticipated rate hikes as central banks worldwide combat inflation. Despite Powell\u2019s hawkish outlook, investors expects only one additional rate increase this year.<\/p>\n<p>Source:\u00a0<a href=\"https:\/\/www.mining.com\/gold-prices-hits-three-month-low-on-powells-hawkish-cues\/\">https:\/\/www.mining.com\/gold-prices-hits-three-month-low-on-powells-hawkish-cues\/<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Button Navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-bott-navs\">\n<div><span><\/span><a href=\"https:\/\/charltonsnaturalresources.com\/zh-hans\/the-bank-of-russia-resumes-its-purchase-of-gold-bullion\/\" target=\"_self\">The Bank of Russia Resumes its Purchase of Gold Bullion<\/a><\/div>\n<div><a href=\"https:\/\/charltonsnaturalresources.com\/zh-hans\/tech-skills-shortage-threatens-mining-industry-profitability-pwc-report-reveals\/\" target=\"_self\">Tech Skills Shortage Threatens Mining Industry Profitability, PWC Report Reveals<\/a><span><\/span><\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-legal-advice\">\n<h3>This newsletter is for information purposes only.<\/h3>\n<p>Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases.\nTransmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser.\nCharltons is not responsible for any third party content which can be accessed through the website.<\/p>\n<p>If you do not wish to receive this newsletter please let us know by emailing us at <a href=\"mailto:unsubscribe@charltonslaw.com\">unsubscribe@charltonslaw.com<\/a><\/p>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; 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