Monday, 13 March 2023

XAU/USD Price Outlook: SVB Collapse Drives Demand for Safe-Haven Gold

Gold prices have surged after the SVB collapse sent shockwaves through global markets. While rate expectations have eased, XAU/USD is on track to retest $1,900.

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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...