Saturday, 7 March 2020

Gold Nears Record High as Yields Collapse & Volatility Rages

Gold price action surged toward all-time highs after notching the biggest weekly gain in nearly a decade. Can the precious metal press higher as interest rates implode or will bullion lose its luster?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...