On Thursday, September 15, XAUUSD lost its major support, which used to limit the downside since April 2020. The decline happened amid expectations of more aggressive Federal Reserve interest rate hikes due to higher-than-expected US inflation. Why is gold falling? Investors treat gold as a hedge against inflation. A rise in inflation or inflationary expectations […]
The post Gold Isn’t Saving Investors from Inflation appeared first on Action Forex.
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