The Story
News Summary
- Gold struggled near $4,300 as soaring oil prices and persistent inflation fueled expectations of a Federal Reserve rate hike.
- Middle East pipeline disruptions boosted energy costs, prompting markets to price in an 86% probability of a 25-basis-point policy tightening, exerting downward pressure on non-yielding bullion.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4380.20
-8.09% over the displayed period
Advisor Snapshot
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