-
Gold rallies as Fed minutes flag hikes, US Dollar slides
Gold (XAU/USD) finds bids and edges higher during the North American session on Wednesday after the Federal Reserve’s (Fed) last meeting minutes showed that most officials favored laying the groundwork for a rate hike. At the time of writing, the XAU/USD pair trades at $4,530, up by 1%. The minutes of the April meeting revealed that the majority of the board supported the need for some policy tightening if inflation remains stubbornly above the 2% goal. Additionally, the minutes stated that “many participants indicated that they would have preferred removing the language from the post-meeting statement that ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From oilprice.com|May 20, 2026The United States Geological Survey has made a potentially game-changing discovery in the Appalachian region. New research suggests that the ancient mountain range may be home to ...
From investinghaven.com|May 20, 2026Silver demand keeps rising faster than supply. The global market recorded a 148.9 million-ounce defit in 2024, after another shortfall in 2023. Industrial demand reached a record ...
From finance.yahoo.com|May 20, 2026Rising Treasury yields are sending a warning signal: Investors are worried that higher inflation could keep the Federal Reserve from cutting interest rates anytime soon. ...
-
- Newer Stories
From rbc.com|May 20, 2026Diversifying exports outside of the United States has emerged as a critical offset to tariff pressures for Canada with higher gold exports exaggerating gains from foreign markets. ...
From pmi.spglobal.com|May 20, 2026|1 commentAlthough the Australian private sector economy moved back into contraction mode in May, according to Flash PMI® data by S&P Global, the decline in output was softer than that seen ...
From visualcapitalist.com|May 20, 2026Global mineral production has climbed dramatically over the last six decades as industrialization, urbanization, and electrification reshape the global economy. The fastest growth ...
- Story Stats
- May 20, 2026 4:54pm Posted byTechnical Analysis119
- Instruments:
