Gold futures rose on Wednesday to snap a three-session slump, then moved lower after the the Federal Open Market Committee increased its inflation forecasts for this year and next, and signaled higher interest rates in 2023.
In a statement released about a half hour after the gold futures settlement, The central bank said it might raise interest rates earlier than it previously expected, with two interest rate hikes possible in 2023.
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.