Gold looks set to suffer its biggest drop in price since 2013 amid intense speculation that the US is poised to raise interest rates.
Investors across the globe are holding their breath ahead of December's Federal Open Markets Committee (FOMC) meeting, to see if it raises the US interest rates. But is it that big a deal? Potentially. This is why...
Concerns about US rate rise impact on EMs
Follows dovish November Inflation Report
McCafferty remains only member to vote for a hike
First official forewarning of a possible increase since '99 says former economist
Governor of the Bank of England Mark Carney has warned British mortgage borrowers to prepare for higher interest rates - but to hopeful savers he said a rise is not guaranteed.
Investors want short duration
UK interest rates could need to be cut further to support growth and return inflation to target, the Bank of England's chief economist has said.