Gold slips as strong USD follows Fed hawkish remarksGold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments.
Source: Gold slips as strong USD follows Fed hawkish remarks (https://www.fxstreet.com/news/gold-price-dips-as-us-dollar-rallies-on-feds-hawkish-stance-202406251843)