Thursday, 14 January 2021

Gold Price Outlook - The Recent Sell-Off May Not be Over Yet

Gold is struggling to make any headway this week after last week’s sharp sell-off. And the backdrop remains bearish for the precious metal ahead of the next round of US economic stimulus measures.

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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...