Gold Price Forecast: Upcoming PCE Inflation, US-Iran Talks Reduce the XAU Appeal
From fxleaders.com
Gold prices continued to struggle after suffering their sharpest weekly decline of the year, as investors reassessed expectations for Federal Reserve interest rate cuts. Although geopolitical tensions and trade concerns remain present, markets are increasingly prioritizing inflation risks, elevated bond yields, and sustained US dollar strength over traditional safe-haven demand. Spot gold traded near the $4,500 level last week, moving mostly sideways after earlier record-breaking gains lost momentum. Traders who had previously built bullish positions based on expectations for monetary easing have begun reducing ...
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