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Gold Price Recovery Stalls Below $1,950 amid Fed, Mixed Sentiment

Started by forex4you, Mar 17, 2022, 04:54 pm

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Mar 17, 2022, 04:54 pm
Gold Price Recovery Stalls Below $1,950 amid Fed, Mixed Sentiment

As gold gains momentum for the second day in a row, it continues to recover from a monthly low. Falling US bond yields weighed on the US dollar and boosted the underperforming yellow metal. As a result of risk appetite and the Fed’s dovish outlook, the XAU/USD pair should continue to decline. Gold price gained … Continued


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