Gold Crash, Dollar Strong! Will Fed Policy Push Gold Even Lower?
Selling pressure continues in the gold market, and XAU/USD is now trading near a 7-month low. The primary reason is the hawkish stance of the U.S. Federal Reserve, which has provided strong support to both the U.S. Dollar and U.S. Treasury yields. Traders are now fully focused on the upcoming U.S. Core PCE Inflation Data, […]