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Gold Price Forecast: XAU/USD tumbles below $1,800 as hawkish Fed guidance underpins US Dollar

The Fed sees interest rate peak at 5.1% after hiking interest rates by 50 basis points (bps) to 4.25-4.50%. As per the consensus, the monthly US Retail Sales (Nov) are expected to contract by 0.1%. Gold price (XAU/USD) has witnessed a steep fall and has dropped below the psychological support of $1, Read Full Story […] The post Gold Price Forecast: XAU/USD tumbles below $1,800 as hawkish Fed guidance underpins US Dollar appeared first on ForexTV... Read More
Posted: Dec 15 2022, 05:14
Author Name: forextv
Views: 110735

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