Saturday, 21 May 2022

Gold Price Rebound May Fail as Top Central Bankers Sound Off

Gold prices managed to rise last week – snapping a month-long losing streak – but hawkish guidance from the world’s top central bankers may put the yellow metal back on defense.

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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...