CAPITAL MARKETS

Miners sold down

GOLD miners got crunched as the US interest rate outlook put bullion on notice, dragging down the Metals & Mining index to a 1.4% loss.

Michael Quinn
Miners sold down

The gold patch’s overall fall of about 3.6% came as the US Fed signalled the potential for another interest rate rise this year, and possibly three more next year. Gold immediately dropped about US$5 per...

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