Gold hits near two-week low, reaching $4417.04 per ounce
<p>Singapore: Gold extended declines on Monday, hitting its lowest in nearly two weeks after US Federal Reserve Chair Kevin Warsh signaled that interest rate hikes may be needed to contain inflation.</p> <p>Spot gold fell 0.8% to $4,417.04 per ounce, hitting its lowest since August 19. Prices fell more than 3% on Friday.<br /> <br /> US gold futures for December delivery declined 1.4% to…
We haven't written up this one. The Peninsula Qatar Business has the full story — the link below goes straight to it.
