Gold price (XAU/USD) steadies around $1,740 after pushing back the bears the previous day. In doing so, the yellow metal portrays the typical pre-event anxiety while keeping the buyers positive amid softer US Dollar and the Treasury yields. The chatters surrounding the Federal Reserve’s (Fed) easy rate hikes and firmer prints of equities joined alleged stockpiling of the Gold by China to underpin the XAU/USD’s run-up the previous day. However, Covid woes from the dragon nation challenged the bullion buyers. That said, Richmond Fed Manufacturing Index improved to -9 for November versus -10 prior while Kansas City ... (full story)