Gold Price Forecast: XAUUSD May Break 1,800 on FOMC
Gold prices sank nearly 3% as traders priced in the chance for a 75-basis-point Fed rate hike following Friday’s red-hot CPI data. Surging real yields spell more trouble for bullion prices.
Gold prices sank nearly 3% as traders priced in the chance for a 75-basis-point Fed rate hike following Friday’s red-hot CPI data. Surging real yields spell more trouble for bullion prices.