The Story
News Summary
- August US core CPI rose 0.29% month-over-month, beating all forecasts and bolstering expectations of a Federal Reserve rate hike.
- Bitcoin and gold initially dropped on surging Treasury yields before recovering quickly, though hawkish monetary policy risks continue to loom ahead of the upcoming FOMC decision.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4408.90
-4.49% over the displayed period
Advisor Snapshot
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