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Gold hits 3-month low as Powell suggests more hikes, then comes roaring back

Gold traders heard out Jay Powell, sending the market to 3-month lows as he spoke. When he finished, they bought back most of what they had sold, an indication perhaps that the Fed chair’s hawkish script could not shock markets anymore than they were prepared for. Read Full Story at source (may require registration) The post Gold hits 3-month low as Powell suggests more hikes, then comes roaring back appeared first on ForexTV... Read More
Posted: Jun 22 2023, 01:59
Author Name: forextv
Views: 110163

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