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Tag: Stance
Gold (XAU) Price Forecast: Will Rising Yields and Fed’s Hawkish Stance Keep Gains Capped?
Weekly US Dollar Index (DXY) The strength of the dollar exacerbated pressure on gold. The U.S. dollar index advanced for…
Gold News: Fed’s Hawkish Stance Pressures Prices as Holiday Trading Stalls
At 13:00 GMT, XAU/USD is trading $2615.47, down $8.140 or -0.31%. The Fed's aggressive tone is keeping gold under pressure…
Gold (XAU) Silver (XAG) Daily Forecast: Fed’s Cautious Stance Pressures Precious Metals Prices
The Federal Reserve's Beige Book, released Wednesday, highlighted modest growth in economic activity, boosting optimism about the resilience of the…