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Gold Futures Settle Sharply Higher As Dollar Slips On Powell's Dovish Comments
Gold prices rose sharply on Thursday as the dollar tumbled after comments from Federal Reserve Chairman Jerome Powell indicated smaller interest rate hikes from as early as December. The dollar index dropped to 104.66 this morning, and despite recovering to 104.82, remains nearly 1.1% down from the previous close. Gold futures for February ended higher […] The post Gold Futures Settle Sharply Higher As Dollar Slips On Powell's Dovish Comments appeared first on ForexTV...
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Posted: Dec 1 2022, 22:29
Author Name: forextv
Views: 110789