Friday, 21 January 2022

Gold Prices Rise on Falling U.S. Treasury Yields and Geopolitical Risk Ahead of FOMC

Bullion came into its own this week after U.S. Treasury yields slid lowering the cost of holding the non-interest bearing metal, while XAU/USD finally breaks 1830.

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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...