The Story
News Summary
- Gold prices dropped below $4,500 amid rising expectations for hawkish central bank policy.
- Strong US labor data and rising oil prices fuel inflation concerns, leading markets to price in further interest rate hikes, which diminishes the appeal of non-yielding gold.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4380.90
-5.10% over the displayed period
Advisor Snapshot
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