Tuesday Jul 05, 2022

Gold Price Forecast: XAUUSD tumbles below $1,890.00 on Fed rate hike expectations, US PMI eyed

Gold (XAUUSD) Price has slipped below $1,890.00 as the US dollar index (DXY) has been strengthened on bolstering expectations of a decent rate hike by the Federal Reserve (Fed). The uncertainty over the announcement of the interest rate decision by the Fed is forcing investors to hide behind the DXY. Fed will certainly increase its interest rate by 50 basis points […]

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