Gold price (XAU/USD) is establishing below $1,820.00 after a modest fall from a high of $1,836.55 on Tuesday. The precious metal has failed to capitalize upon the diminishing safe-haven appeal of the US dollar index (DXY). The DXY has eased more than 1.5%, at the press time, from its recent 19-year high of 105.00 in the last two trading sessions. A balance in a range of 103.23-103.55 has been witnessed in the New York session, which is expected to get imbalanced sooner. Federal Reserve (Fed) chair Jerome Powell has already announced two more jumbo rate hikes in the next two monetary policy meetings to curb the ... (full story)