Wednesday, 16 June 2021

Gold Price Forecast: FOMC Tanks Gold but Fed Patience Key for XAU Recovery

The FOMC decision tanked gold after bond bears drove Treasury yields higher on a less dovish Fed. However, the central bank remains patient, which may help gold as bond markets stabilize.

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

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