Friday, 23 September 2022

Gold Price Outlook – Struggling to Make Any Headway, Further Downside Beckons

US Treasury yields have risen further over the last week as markets price in higher interest rates for longer in the US. And that's not good news for gold.

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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...