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Gold Price Forecast: Hawkish Fed and soaring yields weigh on XAU/USD

XAU/USD drops 0.56% to $1919.74 as the Fed’s decision to maintain and revise rates upward pressures gold prices. US real yields hit a YTD high at 2.115%, which continues to be a significant headwind for Gold. Mixed US economic data and hawkish stances … Read Full Story at source (may require registration) The post Gold Price Forecast: Hawkish Fed and soaring yields weigh on XAU/USD appeared first on ForexTV... Read More
Posted: Sep 21 2023, 18:59
Author Name: forextv
Views: 091071

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