Wednesday, 22 June 2022

Gold Price Forecast: XAU Coils as Inflation and Recession Odds Conflict

Gold prices have seen little movement this week as markets weigh commentary from the Federal Reserve Chair as inflation and recession odds conflict against gold's fundamental backdrop.

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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...