Gold Declines as Prospects for U.S. Rate Increase Boosts DollarBy and
Fed officials say two rate rises this year may be warranted
Odds of U.S. rate hike in June rise to 14% from 4% on Monday
Gold retreated for the first time in four sessions as prospects for higher U.S. interest rates boosted the dollar, hurting the metal’s appeal as an alternative investment.
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