The ECB and BoE are also expected to hike rates, thereby reducing investors' interest in gold. "We expect gold prices to trade sideways till H1CY23. Festive demand and global central banks pausing their rate-tightening policy will push demand for gold in H2CY23.
from Commodities-Markets-Economic Times
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Thursday 15 December 2022
Gold prices fall amid hawkish US Fed cues
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