Spot gold price was down around 1.5% by early US trading on Friday, pressured by stronger dollar on growing expectations that the Fed will deliver another 75 basis point hike in the policy meeting next week. Optimism on further policy tightening inflates dollar, weighing on its safe-haven counterpart. Fresh acceleration lower has so far retraced […]
The post XAU/USD: Gold Price Eases on Revived Expectations Fed Will Keep Strong Hawkish Stance appeared first on Action Forex.
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