Thursday, 16 March 2023

Gold Price Forecast: XAU/USD Slips but Retains Bullish Bias on Bank Sector Mayhem

Gold prices are trading lower on Thursday, but the precious metal maintains a bullish profile as financial market risks linked to banking sector problems have not entirely disappeared.

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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...