Gold trades around $2,600, heading for a weekly decline, weighed down by the Federal Reserve's hawkish policy. Robust US data and weakening demand may further challenge the metal's outlook despite a 26% YTD surge.
Gold prices fell below $2,670 as inflation worries weighed on markets despite dovish central bank actions. Traders still expect a 25bps Fed rate cut, while the BoJ may hold rates intact.
Gold rose ~1%, extending its rally for a fourth session. Geopolitical tensions and a weaker dollar are supporting the metal, though it's on track to decline for the week.
Gold trades around $2,600, heading for a weekly decline, weighed down by the Federal Reserve's hawkish policy. Robust US data and weakening demand may...
Gold prices fell below $2,670 as inflation worries weighed on markets despite dovish central bank actions. Traders still expect a 25bps Fed rate cut, ...
Gold rose ~1%, extending its rally for a fourth session. Geopolitical tensions and a weaker dollar are supporting the metal, though it's on track to d...
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