Thursday, 17 August 2023

XAU/USD Forecast: Real Yields Continue to Suppress Gold Prices

Gold prices look to recover after the recent sharp selloff but will need real yields to provide some assistance by pushing lower.

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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...