| March 7th, 2023 12:25 PMFed Comments Dent Gold Mining ETF
Gold mining exchange traded fund (ETF) SPDR Gold Shares (GLD) is pulling back, after Federal Reserve Chairman Jerome Powell told the Senate banking panel that more interest rate hikes are needed in order to tame inflation.
Last seen down 1.4% to trade at $169.20, today's pullback has GLD trading back below its 80-day moving average. After…