Thursday, 15 September 2022

Gold Price Forecast: XAU/USD Back Below $1700 on Fed Rate Hike Expectations

Spot gold is on the backfoot this morning ahead of U.S. retail sales data leaving XAU/USD trading below the key $1700 level.

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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...