Friday, 17 March 2023

Gold Prices Jump as Yields Slump, Sentiment Dismal as Bank Angst Lingers

Gold prices soar, rising to the highest level since early February, boosted by falling bond yields and risk-off mood as the U.S. banking sector woes fail to dissipate.

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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...