Gold tumbles as Oil surge lifts yields, USD ahead of the Fed Gold (XAU/USD) price retreats over 1% on Wednesday as high energy prices are driving US Treasury yields soaring, signaling that investors are not expecting any rate cuts by the Federal Reserve (Fed), which is expected…
Gold tumbles as Oil surge lifts yields, USD ahead of the Fed Gold (XAU/USD) price retreats over 1% on Wednesday as high energy prices are driving US Treasury yields soaring, signaling that investors are not expecting any rate cuts by the Federal Reserve (Fed), which is expected to hold rates unchanged late at around 18:00… Read More 👈