Gold falls over 3% in a week; yellow metal staring at $1830 as bears take control - Business News, Finance News, Share Market News - Market trendz

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Saturday 4 February 2023

Gold falls over 3% in a week; yellow metal staring at $1830 as bears take control

This notion had played a great role in pushing the Greenback sharply lower in the last few months. However, this speculation of incremental differential rates working against the Dollar was sabotaged by the ECB and the BoE as these two Central Banks, as per their respective pressers after their monetary policy decisions, seemed to indicate that even their terminal rates were well in sight.

from Commodities-Markets-Economic Times
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