Gold weakens as Fed tightening concerns trump growth worries; volatility likely to continue - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 27 June 2022

Gold weakens as Fed tightening concerns trump growth worries; volatility likely to continue

Gold has been stuck in a range as the central banks' emphasis on monetary tightening has kept the pressure on prices while increasing debate about a possible recession has kept a floor to price.The ongoing debate about the impact of monetary tightening on economic growth is unlikely to subside soon and this may keep gold rangebound.

from Commodities-Markets-Economic Times
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