Gold Futures May Decline Next Week as US Rate Hike Expectations Strengthen Dollar
KUALA LUMPUR, Nov 14 – Gold futures on Bursa Malaysia Derivatives are expected to decline next week as growing expectations of higher US interest rates continue to strengthen the US dollar. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Federal Reserve’s (Fed) firm approach to monetary policy could put […]