Fed Meeting Sends Gold Tumbling

by admin | 01/27/2022, 10:51

A hawkish stance from the Fed has had gold in decline since Wednesday. “Powell’s hawkish comments practically guaranteeing a March rate hike, emphasizing the economy’s strength and noting that the Fed’s balance sheet was overlarge and needs to be wound down, has triggered a bond selloff and higher USD which has pressured gold to recent […] Read more at ETFtrends.com.

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