The Story
News Summary
- Gold futures dropped over 1% as expectations of U.S.
- interest rate hikes solidified, denting demand for non-yielding bullion.
- Analysts note that while persistent inflation and hawkish Fed policy pressure gold, the downside may be limited compared to past tightening cycles.
Explore XAUUSD price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
XAUUSD price history
4388.40
-7.92% over the displayed period
Advisor Snapshot
Unlock Member-Only Insights
Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.