The Story
News Summary
- Gold prices face downward pressure as persistent inflation and hawkish Fed commentary fuel expectations of an upcoming 25-basis-point interest rate hike.
- Market odds for a rate increase surged to 66.4%, creating near-term yield-driven headwinds for non-yielding bullion.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4375.60
-8.19% over the displayed period
Advisor Snapshot
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