Price of Gold Fundamental Weekly Forecast – Fed News Bearish, but Vulnerable to Safe Haven Buying – Nasdaq

Price of Gold Fundamental Weekly Forecast – Fed News Bearish, but Vulnerable to Safe Haven Buying
Nasdaq
Gold plunged last week as U.S. Treasury yields soared in reaction to a hawkish U.S. Federal Reserve meeting. The rise in yields helped make the U.S. Dollar a more attractive investment, reducing foreign demand for dollar-denominated gold. There was …

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