Gold

Gold Fundamental Analysis

Gold Under Pressure ahead of Powell’s Senate Hearing

Gold Fundamental Analysis XAU/USD is trading at $1,839.24, down by 0.41% in 24 hours. Gold investors anticipate additional information on the Fed’s inflation outlook and monetary policy stance from Powell’s speech. US Economic data The US economy gives favourable investor sentiment despite increasing inflation and a tight labour market. Meanwhile, the factory sector’s weaknesses continue …

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The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty.

Winston Churchill