Day: April 19, 2023

Uncategorized

Gold Edges Lower As Markets Seek Clarity On Fed Rate Hikes

Gold prices fell slightly in Asian trade on Wednesday, but hovered around key levels as markets awaited more cues on U.S. monetary policy from a string of upcoming Federal Reserve speakers and reports. The yellow metal retook the $2,000 level on Tuesday as the dollar and U.S. Treasury yields cooled after a recent recovery rally. […]

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