The Story
News Summary
- Gold prices dropped below $4,500 per ounce due to rising bond yields and increased expectations of a Federal Reserve rate hike.
- Hawkish commentary and rising oil prices have dampened investor appetite for non-yielding bullion, exposing the metal to near-term selling pressure.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4333.00
-9.08% over the displayed period
Advisor Snapshot
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