Gold edges higher in familiar range; upside seems limited ahead of Fed’s Powell

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Gold edges higher in familiar range; upside seems limited ahead of Fed’s Powell

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Post author By admin_biglotfx
December 4, 2024
No Comments on Gold edges higher in familiar range; upside seems limited ahead of Fed’s Powell

Gold price continues its struggle to gain any meaningful positive traction on Wednesday. Bets for a less dovish Fed and an uptick in the US bond yields cap the precious metal. Geopolitical risks and trade war fears lend some support amid subdued USD demand. Gold price (XAU/USD) trades with a positive bias for the second […]

Tags Commodities, Fed, Gold, SEO, TradeWar

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