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Gold Prices Forecast: XAU/USD’s Vulnerability Evident Amidst Yield Rise, Fed Outlook

Reflecting waning enthusiasm for gold, the SPDR Gold Trust, the world’s predominant gold-backed ETF, reported holdings at their lowest since January 2020. Astonishingly, there haven’t been inflows since the end of July. The robust U.S. retail sales data suggests resilience in the economy, potentially diminishing the appeal of gold as a safe haven. Read Full […] The post Gold Prices Forecast: XAU/USD’s Vulnerability Evident Amidst Yield Rise, Fed Outlook appeared first on ForexTV... Read More
Posted: Aug 16 2023, 09:14
Author Name: forextv
Views: 022144

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