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: Gold futures end at lowest in over a week after Powell’s Senate testimony

Gold futures settled sharply lower on Tuesday, at their lowest in more than a week. Federal Reserve Chairman Jerome Powell’s testimony to the Senate Banking Committee raised the possibility for a more aggressive pace of interest-rate hikes, strengthening the U.S. dollar and pressuring dollar-denominated gold prices. Powell’s testimony “proves that the Fed’s kryptonite can still […] The post : Gold futures end at lowest in over a week after Powell’s Senate testimony appeared first on ForexTV... Read More
Posted: Mar 7 2023, 18:50
Author Name: forextv
Views: 092052

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