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Gold Price Falls Below $1,900, Paring Post-Fed Gains, Eying US NFP

Started by forex4you, May 06, 2022, 05:11 am

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May 06, 2022, 05:11 am
Gold Price Falls Below $1,900, Paring Post-Fed Gains, Eying US NFP

Gold gains momentum for the third day, climbing to a new weekly high on Thursday. The less hawkish Fed supported the metal amid the recent COVID-19 outbreak in China. The prospect of further tightening by the Fed fueled demand for the US dollar and limited its growth. The gold price rose for the third straight … Continued


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