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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Monday 27 June 2022
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Gold weakens as Fed tightening concerns trump growth worries; volatility likely to continue
Gold weakens as Fed tightening concerns trump growth worries; volatility likely to continue
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