Metals Stocks: Gold futures end higher, but signs of more rate hikes to come limit gains

Gold futures recovered from early losses Thursday to finish higher, with prices rebounding from their first intraday drop below $1,950 an ounce this month.

The price moves follow the Federal Reserve’s decision on Wednesday afternoon to leave its key benchmark interest rate steady, though the central bank also indicated that its rate-hiking cycle isn’t over.

Price action

What’s happening

Federal…

This post was originally published on Market Watch

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