Title: Gold Rises as the Fed Eases
Post by: PocketOption on Jan 04, 2023, 03:49 pm
Post by: PocketOption on Jan 04, 2023, 03:49 pm
Gold Rises as the Fed Eases
Source: Gold Rises as the Fed Eases (https://www.orbex.com/blog/en/2023/01/gold-rises-as-the-fed-eases)
Gold prices remained on the upside as they ended 2022 at their highest levels in six months.
The price of the yellow metal enjoyed a huge rise in Q4, driven by expectations that the Fed will ease off on rate hikes.
Silver was also on the trajectory as prices reached their highest levels since April.
Timestamps
XAUSUD 01:45
XAGUSD 03:05
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Source: Gold Rises as the Fed Eases (https://www.orbex.com/blog/en/2023/01/gold-rises-as-the-fed-eases)