Thursday, 5 March 2020

Gold Price Forecast: Lower Rates, Lingering Risk Aversion to Boost XAU

Lower interest rates and lingering uncertainty could spur gold price gains in the weeks ahead as investors seek an inflationary hedge as the possibility of another rate cut looms.

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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...