Thursday, 14 January 2021

Gold Price Forecast: Real Yields Weighing on Precious Metals

Gold price action has attempted to recover from its recent selloff as key technical levels help stymie selling pressure, but precious metals might continue to broadly mirror swings in real yields.

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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...