The Story
News Summary
- Bitcoin and gold retreated from multi-month highs after Federal Reserve Chair Kevin Warsh delivered a hawkish speech, signaling a likely rate hike in September.
- This shift in monetary policy increases the opportunity cost for holding non-yielding assets, breaking the previous 'debasement trade' rally.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4330.20
-9.14% over the displayed period
Advisor Snapshot
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